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And that in 3 years! - P Gosselin in The No Tricks Zone:

...Bosch’s solar arm posted an operating loss of 450 million euros in 2012. In addition, the solar arm took unplanned special depreciations totaling about 600 million euros. Therefore the losses totalled more than 1 billion euros in 2012 alone. That comes on the heels of “impairments” of 560 million and 425 million euros in 2011 and 2010 respectively.

According to Bosch, the solar arm is currently worth zero euros.”


Ooops!

More from http://notrickszone.com/2013/01/25/germanys-solar-bloodbath-...


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No. of Recommendations: 3
Bosch has sales of over 50 billion euros per year. Solar is a small part of their business and like other USA and European companies in solar they were hurt by cheap Chinese products.

http://www.bosch.com/en/com/bosch_group/business_sectors_div...

No Tricks Zone = Idiots Zone Only

Cheers,
jaagu
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