Sony Falls Most in Eight Months on Full-Year Loss Forecast

Sony Falls Most in Eight Months on Full-Year Loss Forecast

Tomohiro Ohsumi/Bloomberg

The company, based in Tokyo, said Nov. 2 it will lose 90 billion yen ($1.2 billion) in the year ending March, compared with a previous projection for a 60 billion yen profit, as it contends with competition from Apple Inc. and Samsung Electronics Co.