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Sony Forecasts its Worst Annual Loss Ever
Sony Corp. is now projecting an annual loss of US$6.4 billion. If the number holds true, this will be the worst annual loss for Sony in its history.
The Source Awards Vendors
The Source, formerly owned by Circuit City and now owned by Bell, is awarding several vendors in its annual Merchandising Excellence Awards.
IP Traffic to Increase 29% per year Through 2016
According to a recent study by Cisco Systems Inc., IP traffic is set to grow at a compound annual rate of 29% over the next four years. It predicts annual global IP traffic to be 1.3 zettabytes by 2016.
RIM to Delay Annual Analyst Meeting
Research In Motion (RIM) has decided to delay its annual presentation to financial analysts. This event usually takes place during the BlackBerry World conference in May.
Nintendo to Experience its First Ever Annual Net Loss
The gaming company responsible for the iconic Super Mario franchise expects an annual net loss of ¥20 billion ($260.2 million), and has cut its full-year operating profit down from ¥35 billion ($458.9 million) to ¥1 billion ($13.1 million).
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