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

Sony beats profit forecast

by Tony Sagami on May 14, 2008

in Asian Market, Currency Analysis, Stock Market in China

Quarterly profits at Sony more than
tripled and beat expectations.

I don’t own Sony because the strong yen is going to
hurt profits (76% of sales come from outside Japan), but their product lineup is so
strong that they are overcoming that currency drag.

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