Sony Predicts "1.1 Billion Dollar Loss", Shuts Down PC Divison

http://www.entrepreneur.com/article/231313

Quote :

Sony is shuttering its computer business, refocusing its TV division on high-end units and laying off 5,000 people. It is also predicting a massive loss of 110 billion yen, or $1.1 billion, for the fiscal year, a drastic change from its prediction three months ago of a 30-billion yen profit ($294 million).

Read more: http://www.entrepreneur.com/article/231313#ixzz2tQgoEDqo

Ouch.

Weren't they selling their PC division?

Angelus the Revenant wrote:

Weren't they selling their PC division?

"Sony is shuttering its computer business"

I take that to mean that, yes, they are selling it.

It's probably due to the fact that their PCs are a bit pricey.