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Sony Corp. loss

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Is it possible that after all the Sony’s recovery plan has started to work? On the 7th of February, Sony Corp. informed that its net losses for the third quarter ended December dropped to 10.8 billion yen, or $115 million, from 159 billion yen for the same quarter a year earlier. While the company is still facing a fierce competition from Apple Inc. and Samsung Electronics Co., it seems that the Japan’s electronics producer is slowly bouncing back.

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