Panasonic Financial Health

Started Nov 1, 2012 | Discussions thread
Optical1 Senior Member • Posts: 1,096
Re: Panasonic Financial Health

peevee1 wrote:

MichaelKJ wrote:

Panasonic's stock price fell 19% yesterday after forecasting a loss of $39.6 billion that was 30 times greater than analysts had predicted.

Sorry, something is wrong. How can they lose $40B, they are not even worth that much.

They are projecting an annual loss of $9.5B, not $40B as previously stated.

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