Skip to content
{ 2008 10 29 }

Toshiba Profit Tumbles 99 Percent

I thought Sony’s 72% drop in profit was bad, but it’s even worse at Toshiba.

Toshiba posted a 99 percent plunge in quarterly operating profit on Wednesday, dragged down by weakness in its mainstay chip operations.

Read (New York Times)

Posted by Steve Jenkins on Wednesday, October 29, 2008. Filed under Economy. Follow any responses to this post with its comments RSS feed. You can post a comment or trackback from your blog.

Switch to our mobile site