UPDATE 3-Sony sees second straight loss, eyes frail recovery

Thu May 14, 2009 12:08pm BST
 
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A Sony spokesman said the number of workers affected by the decision was included in the 16,000 job cuts.

Sony aims to boost sales of its PlayStation 3 game console by nearly 30 percent to 13 million units.

Sony's shares fell 7 percent ahead of the results announcement, underperforming a 4 percent drop in the Tokyo stock market's electrical machinery index .IELEC.T.

The stock has gained 34 percent this year through Wednesday compared to a 22 percent rise in the subindex. ($1=95.31 Yen) (Additional reporting by Kiyoshi Takenaka, Chang-Ran Kim, Stanley White and Mariko Katsumura; Editing by Anshuman Daga)

 

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