Thursday, October 23, 2014
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
Google Is Teaming up with Oxford University on Artificial Intelligence
Bonhams Sells Apple Computer For 905K USD
BofA Double-Charged Apple Pay Customers
Microsoft To Retire The Xbox Music Streaming Feature
Xiaomi To Move User Data Out of China On Privacy Concerns
SK Hynix Reports Record Profit
Sonos Sues Denon Over Wireless Speaker Patents
Apple To Stop SSL 3.0 Support For Push Notifications
Active Discussions
Copied dvd's say blank in computer only
How to generate lots of different CDs quickly
Yamaha CRW-F1UX
help questions structure DVDR
Made video, won't play back easily
Questions durability monitor LCD
Questions fungus CD/DVD Media, Some expert engineer in optical media can help me?
CD, DVD and Blu-ray burning for Android in development
 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
Pioneer KUVO Links Together Club Fans, DJs, and Clubs
Pioneer Launches The Eco-friendly BDR-XD05J2 BD Burner
Pioneer Develops Rearview Mirror Telematics Unit With LTE Connectivity
Atmos Firmware Update for Pioneer Elite SC Receivers Coming this Month
Pioneer Introduces Ultra-thin Portable BD Drive
Pioneer to Sell Its Successful DJ Equipment Business to KKR
Onkyo And Pioneer To Integrate Their AV Businesses
Pioneer Introduces New High-end Blu-ray Players At CEDIA
HDJ-C70 Added to Pioneer's Line-up of Professional DJ Headphones
Pioneer and Treasure Data Form Business Alliance to Develop Big Data-Driven Services for the utomotive Industry
Pioneer Presents New AV Products
Pioneer DDJ-WeGO3 Allows You To Mix Tracks from Spotify or iTunes

Most Popular News
 
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2014 - All rights reserved -
Privacy policy - Contact Us .