[Author: Miklos Szanyi, published on Monday, October 06, 2008 ]

"(Jiji Press) - Sharp Corp. <6753> said Monday it has cut its group net profit estimate for the current fiscal year to next March to 60 billion yen from 105 billion yen, due to slumping cellular phone handset sales. The company also slashed its operating profit projection..."

[Via japancorp.net]