Sony has posted its financial results for the fiscal year ending March 31, 2014, revealing a billion-dollar overall loss despite rising sales.
The company announced an overall loss of $1.29 billion, despite sales rising 14.3 percent to $75.4 billion. The reasons for this, as we've heard before, include aggressive restructuring with the PC business being sold off and the TV business getting spun out. Despite Sony offices around the world being sold, along with shares in companies like Square Enix, the Japanese giant has been unable to mitigate the losses.
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