Tuesday, January 23, 2018
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
JDI Develops Transparent Glass-based Capacitive Fingerprint Sensor
Tesla's Musk Will Be paid Only When Company Has a Profit
Samsung, LG Comment on US Safeguard on Washers
LG Display Q4 Profit Fell on Low Panel Prices, New OLED Investments
Acer Showcases New Chromebooks And Chromebox Devices
Intel: Stop Installing Security Patches Until Further Notice
Microsoft Takes On Chromebooks With Education Windows 10 Devices starting at $189
Opera Mobile Browsers Introduce Bitcoin Mining Protection
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 DDJ-1000 Controller Designed for rekordbox dj
New Pioneer BDR-XD07 External Blu-ray Burners Connect Directly to Android Smartphones
Pioneer Introduces New CDJ-2000NXS2-W and DJM-900NXS2-W
HERE and Pioneer Partner on Global Map Solutions
Pioneer's Flagship Se-Monitor5 Hi-Res Headphones Released
Konica Minolta and Pioneer Join Forces On OLED Lighting Business
Pioneer Debuts New Elite 7.2-channel Network AV Receivers
Pioneer BDR-211UBK BD Writer With Ultra HD Blu-ray Playback Support Launches In The U.S
Pioneer BDR-XD06J-UHD Is The First Portable UHD BD PC Drive
Pioneer Rayz Earphones Support Apple's Lightning Audio Technology
Pioneer Sells CATV-Related Equipment Business, Forms OLED Lighting Alliance With Konica Minolta
Pioneer BDR-S11J-BK BDR-S11J-X Ultra HD Blu-ray Burners Coming Next Month

Most Popular News
 
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2018 - All rights reserved -
Privacy policy - Contact Us .