UPDATE 2-Sony, Panasonic outlooks suggest sector recover

venerdì 30 ottobre 2009 09:41
 

* Sony Q2 op loss at Y32.6 bln vs consensus Y55.2 bln loss

* Cuts annual loss f'cast to Y60 bln vs Y68.8 bln consensus

* Panasonic Q2 falls 59 pct, boosts outlook by 60 pct

* Sony shares up 2.8 pct, Panasonic 3 pct ahead of results

(Adds closing share price, details, updates consensus figure)

By Kiyoshi Takenaka

TOKYO, Oct 30 (Reuters) - Sony Corp (6758.T: Quotazione) and Panasonic Corp (6752.T: Quotazione) signalled the worst may be over for the world's two largest consumer electronics makers as they raised their full year outlooks, helped by cost cuts.

This follows an upbeat view from Samsung Electronics (005930.KS: Quotazione), the world's top LCD maker, and Sharp Corp (6753.T: Quotazione).

Sony posted its fourth consecutive quarterly loss in July-September, hit by sluggish cellphone sales and as it cut prices of its PlayStation 3 game console.   Continua...