Sony Slashes Annual Operating Profit Forecast By 90%
In the News (from Reuters): “Sony Corp on Wednesday [November 2, 2011] slashed its full-year operating profit outlook by 90 percent to its lowest level in three years as Thai floods disrupt camera production at the Japanese company, which is already struggling with a soaring yen and sluggish television sales in the U.S. and Europe.”
My Comment: This should happen in the production and marketing of all but necessary goods. Rampant production and unlimited consumption will no longer exist!
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Good news!