Wednesday, May 25, 2016
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
AMD Introduces the FirePro S7100X Hardware-Virtualized GPU for Blade Servers
Europe Proposes New E-commerce Rules
HP Enterprise to Merge IT Services Unit With Computer Sciences
Samsung Introduces Galaxy Tab Iris Equipped with Iris Recognition Technology
Microsoft Streamlines its Smartphone Business, Axes Hundrends Of Jobs
Huawei Sues Samsung Over Mobile Patents
Toyota Is Investing In Uber
Google Enhances Ads For Mobile Devices
Active Discussions
Which of these DVD media are the best, most durable?
How to back up a PS2 DL game
Copy a protected DVD?
roxio issues with xp pro
Help make DVDInfoPro better with dvdinfomantis!!!
menu making
Optiarc AD-7260S review
cdrw trouble
 Home > News > Optical Storage > Pioneer...
Last 7 Days News : SU MO TU WE TH FR SA All News

Tuesday, February 01, 2005
Pioneer's Profits Down for 2004


Pioneer have reported that because of severe price competition its third-quarter net profits had fallen 80 percent, to 1.79 billion yen (9.2 million), with sales down .09 percent from the previous year.

The electronics giant said it is slashing its sales and profit outlook for the fiscal year, which ends in March, and projects a net loss of 8 billion yen ($77.3 million) and an operating profit of 2 billion yen ($19.3 million) on sales of 730 billion yen ($7.05 billion).

Pioneer, headquartered in Tokyo, earlier had forecast 10 billion yen ($96.6 million) in net profit.

The company said stiffer competition and a fast drop in market prices in plasma display televisions, DVD recorders and recordable DVD drives for personal computers had prompted the downward revisions.

Car electronic sales were also down from the previous year, especially because there was lower demand than expected for car navigation systems by Japanese consumers North American drivers, however, spurred a strong increase in sales for those systems.


Previous
Next
MSI Announces NX6200TC        All News        DVD demand spurs AlGaInP laser diode market
Sony Announces DRU-720A     Optical Storage News      DVD demand spurs AlGaInP laser diode market

Get RSS feed Easy Print E-Mail this Message

Related News
New Pioneer HRM-5 and HRM-6 Studio Monitor Headphones For Producers
Meet the new CDJ-2000NXS2 and DJM-900NXS2
Pioneer Unveils Future In-vehicle Entertainment At CES
Pioneer DJ Brings The RMX-1000 for iPad
Pioneer HDJ-700 Headphones Are Optimized For Club DJs
Pioneer Develops Telematics Platorm For Cars
Pioneer To Use HERE Maps For Car Navigation Systems
Pioneer DJ Introduces Entry Level DDJ-SB2 Controller for Serato DJ Intro
Pioneer Launches In-Car Rearview Mirror Telematics Unit
Pioneer Intros New BDR-XS06JL BDXL Burner
New Pioneer Home Theater Receivers Feature Dolby Atmos
Pioneer Brings Android Auto and Apple Carplay Your Car

Most Popular News
 
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2016 - All rights reserved -
Privacy policy - Contact Us .