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Sony Revises Financial Forecast, Suffering Loss of $466 million

While the PlayStation brand continues to flourish (the PlayStation 4 did just sell 10 million units in less than a year), Sony continues to be in a rough financial state in other departments.

The company has released a note to its investors (via GamesIndustry.biz) that has revised the company’s originally projected financial forecast. The updated financials claim that the company will suffer a loss of $466 million instead of its originally projected profit of $1.2 billion. This is largely attributed to the company’s mobile division, which will be undergoing significant revisions in the future.

Sony Revises Financial Forecast, Suffering Loss of $466 million

This is only the latest in Sony’s reported financial struggles, with many of the company’s higher-ups taking pay cuts over the past year.

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