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Panasonic’s $4 Billion Loss Makes Sony’s Bad Year Look Peachy

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Panasonic, the last sacred bastion of plasma TVs, is down $4 billion for the year. Analysts thought it might lose a billion dollars. Other Japanese companies who’ve lost a bundle this year: Hitachi dropped $8 billion into a black hole, NEC bled out $3 billion, making Sony’s $1 billion negative look positively awesome. [CNN]

https://gizmodo.com/sonys-first-full-year-loss-in-14-years-makes-us-look-to-5253843

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