Sony's Credit and Debt Ratings Downgraded
Posted by IGN Feb 09 2012 18:58 GMT in PlayStation News
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It's no secret that Sony is a gigantic company. The Japanese corporation had revenue approaching $90 billion in the 2011 fiscal year, controls assets of over $150 billion, and employs some 168,000 people. However, it's also no secret that Sony is in financial trouble. The company just posted a $2 billion loss last quarter, and now, according to an S&P report provided by Reuters, things will continue to look badly for Sony for the foreseeable future...

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