Tony Sagami - Veteran investment advisor and a leading expert on Asian markets.

Profits fall by 72% at Sony

by Tony Sagami on October 29, 2008

in General

Consumers aren’t buying electronic doodads at that pace they were. Sony reported a 72% drop in Q3 profits and warned that the futuredoesn’t look so good either.

Sony’s stock, by the way, is selling for less than its book value. That’s a discount worth looking at.

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