Sony expects losses to total $1.3 billion now
Forecast downgraded following PC business sale The PlayStation division is doing fine, and the PS4 is selling like hotcakes topped with freshly sliced bananas and hot fudge. But that won’t necessarily save the massive Japanese electronics company’s bottom line. They havechanged their forecastfor the fiscal year, taking the projected loss up from $1.07 billion to almost $1.3 billion — a $200 million difference. Sony sold off their entire PC division recentlyand laid off about 5,000 workers, so that didn’t help....