Wednesday, November 26, 2014
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
Europe Wants Right-to-be Forgotten to Go Globally
Far Cry 4 Game Available For Free With Purchase of 840 EVO SSD
UK Music Industry Seeks For New Tax on CD Copying
Samsung's DeepSort Sorting Engine Prevails In Benchmarks
Sony Plans E-Paper Watch: report
HP Reports Fiscal 2014 Full-Year and Fourth Quarter Results
Hitachi Wearable Device Monitors Brain Functions
Hitachi Technology Stores Digital Data In 100 Recording Layers, Data Can be Stored For 300 million Years
Active Discussions
Hi All!
cdrw trouble
CDR for car Sat Nav
DVD/DL for Optiarc 7191S at 8X
Copied dvd's say blank in computer only
Made video, won't play back easily
New Features In Firefox 33
updated tests for dvd and cd burners
 Home > News > Optical Storage > Toshiba...
Last 7 Days News : SU MO TU WE TH FR SA All News

Wednesday, March 19, 2008
Toshiba Posts Revised Business Forecast


Toshiba today announced a revision to its business forecast for FY2007, ending March 31, 2008, which includes lower sales figures and losses due to the discontinuation of the HD DVD business.

The new business forecast replaces the previous forecast announced on October 29, 2007.

Toshiba expects net sales to be lower than previously forecast, reflecting the discontinuation of the HD DVD business and the decline in sales prices of NAND flash memories.

While toshiba's PC business and Social Infrastructure segment are moving forward strongly, the Semiconductor business has seen a significant decrease in operating income due to a larger than anticipated declines in sales prices of NAND flash memories. Given this, the overall operating income is anticipated to see a decrease from the previous forecast. Income before income taxes and minority interest and net income are also expected to decrease from the previous forecast, primarily on costs incurred in the discontinuation of the HD DVD business.

Toshiba lowered its earnings forecast for this fiscal year on Wednesday on 45 billion yen ($460 million). Toshiba also said it would rack up a 65 billion yen ($666 million) operating loss in its HD DVD business.

The Japanese electronics maker lowered its group profit forecast for the fiscal year ending March 31 to 125 billion yen ($1.26 billion), down from the initial forecast for 180 billion yen profit. Toshiba had earned a 137 billion yen profit the previous fiscal year.

The Japanese company also lowered its sales projection for the fiscal year ending March 31 to 7.7 trillion yen ($78 billion) from the earlier 7.8 trillion yen.


Previous
Next
TiVo Brings Internet Video on Television Sets        All News        Adobe Adds DRM to Flash With New Media Rights Management Server
Best Buy to Offer $10 mln to HD DVD Purchasers     Optical Storage News      Convert Movie Files For Viewing on Portable Digital Devices With TMPGEnc MovieStyle

Get RSS feed Easy Print E-Mail this Message

Related News
Toshiba Develops Low-bitrate SHVC Encoding Technique For Efficient HD to 4k Conversion
Toshiba's Enterprise PC Solution Uses BIOS to Secure Information Security
Toshiba and Cisco To Collaborate In Internet of Things Solutions
Toshiba Expands Its Lineup of Application Processors for Wearable Devices
Toshiba Offers New 4TB and 5TB Desktop HDDs
Toshiba Debuts New 2-in-1 Convertible PC with a 360-Degree Design
Toshiba Develops Lifelike Communication Android, Smart Glasses
New Toshiba Tecra C50 Laptop Delivers Security at Affordable Price
Toshiba to Develop New Transistor Series Using Latest Process Technology
Toshiba to Restructure Its PC Business
Toshiba 2014 4K UHD Models Now Available
Toshiba and SanDisk Celebrate the Opening of the Second Phase of Fab 5 and Start Construction of New Fab 2 Semiconductor Fabrication Facility

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 .