Thursday, January 29, 2015
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
Facebook Reports Strong Fourth Quarter
Qualcomm Cuts Fiscal 2015 Outlook On Lower Chip Demand
Cloud Cryptographic Algorithm Protects Personal Data
Spying Program Runs Global Internet Watch: CBC
PlayStation Meets Spotify
Facebook Intros Trending Super Bowl
YouTube Now Defaults to HTML5
HP Led The Notebook Market In 2014
Active Discussions
Writing Audio files on DVDs ?
Need major help with Gigabeat
New match-3 puzzle game launch now!
Rimage 2000i
Sound card for my Laptop
hello
full screen wide screen
Hi
 Home > News > General Computing > Sony Fo...
Last 7 Days News : SU MO TU WE TH FR SA All News

Wednesday, May 14, 2014
Sony Forecasts Loss Amid PC Restructuring Costs


Sony forecast another annual loss in the 12 months ending March 31, the Tokyo-based company said in a statement today.

The company expects 135 billion yen of costs related to restructuring and exiting the PC business this year.

Operating profit will probably be 140 billion yen this year, the company said.

Sales and operating revenue were increased by 14.3% compared to the previous fiscal year, primarily due to the favorable impact of foreign exchange rates, the launch of the PlayStation 4, as well as a significant increase in sales f smartphones.

Losses from the PC business including restructuring are forecast to be about 80 billion yen, the company said. Sony has previously agreed to sell its PC business to buyout firm Japan Industrial Partners Inc.

Sony is also trying to make its TV manufacturing unit profitable, a business that has now lost more than 700 billion yen over the past 10 years.

The company expects sales this year of 16 million LCD TV sets, 8 million cameras, 17 million game consoles and 50 million smartphones, it said today.

Sony also suffered a drop in the value of its overseas disc manufacturing business and its battery business.

In other divisions, Sony lost money in its mobile, device and video-game businesses for the fiscal year ended March.

But it was profitable in its movie business, where TV productions benefited from licensing agreements for game shows, including "Wheel of Fortune."

Sony's music unit also increased profitability, on the success of Daft Punk's 'Random Access Memories," Beyonce's "Beyonce" and Miley Cyrus' "Bangerz."




Previous
Next
Thermaltake Level 10 Gaming Station Titanium Limited Edition To Debut At COMPUTEX 2014        All News        Korea To Develop Native Mobile Processor
Facebook Opens FbStart Registration     General Computing News      Google Glass Goes On Sale In The U.S.

Get RSS feed Easy Print E-Mail this Message

Related News
Sony Mobile Reportedly Plans Massive Job Cuts
Sony is Offering Old Games To Settle The 2011 PlayStation Network Breach
Sony Unveils New Line of Blu-ray Disc Players
Sony at 2015 International CES
'The Interview' Now Avaiable on iTunes
Vaio to Compete Against Sony
Sony Releases The Interview Online
Sony To Release The Interview Movie After All
North Korea Suggests Joint Inverstigation With U.S. Over Sony Hacking
FBI Confirms North Korea Was Behind Sony Hack
North Korea Linked To Recent Sony Hacking
Sony Global Education Established

Most Popular News
 
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2015 - All rights reserved -
Privacy policy - Contact Us .