Sony Thursday posted a quarterly loss of $390.5 million, due largely to a 27.3 percent drop in sales for its CE business.

Sony Thursday posted a quarterly loss of $390.5 million, due largely to a 27.3 percent drop in sales for its CE business. The company's gaming business also posted a nearly 40 percent drop in sales.

Sony attributed the loss to "the continued slowdown of the global economy and the appreciation of the yen," which offset cost-cutting efforts by the company. Sony had posted a profit of just under $400 million the same period last year.

To continue reading, tell us a little about yourself.

Don't worry! As long as you use the same browser and don't delete your cookies for the next six months, you won’t need to fill it out again.