Japanese electronics giant Sony said today that it had it swung into a net loss in the fiscal first quarter due to the impact of the March 11 earthquake, a weak business environment and a strong yen.
Sony said it slipped to a 15.5 billion yen ($191m) net loss in the April to June quarter, the quarter in which it also suffered a massive hacking attack on its online networks.
It revised downward by 25% its earlier forecast for an 80 billion yen net profit in the current fiscal year to 60 billion yen.
