Sony report it's 4th Quarter Profits... down just 95%

Sony said Thursday its net profit plunged 95 percent in the October-December quarter, as the holiday shopping season provided no respite for the struggling electronics giant and tepid sales of TVs, digital cameras and cell phones hit its bottom line.

The Japanese manufacturing icon said its usually dependable electronics division posted its first-ever operating loss in the fiscal third quarter. It also reiterated its forecast for a net loss of 150 billion yen ($1.67 billion) for the full fiscal year through March — its first loss in 14 years.

Yes, they pulled in 10.4 billion yen during the 4th quarter compared to 200.2 billion yen the previous year. These dismal figures reflect a downright-disastrous holiday season for Sony, with TVs and PS3s not exactly flying off the shelves. It's your fault, really. I mean, if you'd been spending money on Sony products, none of this would have happened.

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