• By Paul Boutin
    Jul 29, 2008 11:40 AM 180
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    #sony

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    read more: #earnings, #sony, #toshiba, #valleywag

    Sony, Toshiba not so hot — slack sales lead to weak Q2 results

    Sony missed expectations for the second quarter of 2008, posting a 47 percent fall in net profit to $326 million. Sony execs blamed weak phone sales. Toshiba reported a loss of $108 million, blaming a downturn in semiconductor sales.


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