Weighed down by its financial unit, Sony posted a $45 million loss for its fourth quarter earnings Wednesday.
Analysts were expecting an average estimated profit of $260 million for the quarter.
Revenue for Sony's video game unit, which competes head-to-head with Microsoft's Xbox 360 and the Nintendo Wii, grew by 26 percent in the past year based on better sales of the PlayStation 3 console.
Still, the bright point of the company's quarterly report was its electronics business. Revenue was up 9 percent due to increased sales of its digital cameras, video cameras, and notebook PCs.
The … Read more