News: Panasonic Q Sales Situation
Posted 09 Apr 2003 at 21:37 by guest
The Panasonic Q, a console that features DVD and GameCube compatibility, might not have sold as well as expected.
With economic motivations such as changes in the Japanese tax laws and declining stock prices, Panasonic, known as Matsushita Electric Industrial Co. in Japan, has reported a �23.5 billion (which corresponds to $195 million) loss for their last fiscal year. The biggest loss since its founding 80 years ago. Let's just hope that the Panasonic Q has nothing to do with this decline in profits.