Monday, April 23, 2018
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
Toshiba Weighs Memory Chip Unit Options
Google Chat Launches to compete with Apple's iMessage
ASUS ZenFone Max Pro M1 Brings Great Value Priced at Just $165
Meizu 15 series Phones Unveiled With No Notches
LG CineBeam Laser 4K Beam Projector Available For Preorder
Semiconductor Revenue Grew in 2017 as Samsung Takes Over No. 1 Position
AMD Details New 35W Ryzen 3 2200GE, Ryzen 5 2400GE APUs With Graphics Built in
Samsung QLED TVs Receive '100 Percent Color Volume' Certification
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 > General Computing > Music a...
Last 7 Days News : SU MO TU WE TH FR SA All News

Friday, February 02, 2018
Music and TV Sales Fuel Sony's Record Third Quarter Profit, Hirai to Step Down


Sony's third-quarter operating profit was increased as strong profits in the music division and better sales of high-end TVs made up for slowing growth in games and image sensors.

The Japanese firm posted an operating profit of 350.8 billion yen ($3.20 billion) for the October-December quarter, up from 92.4 billion yen a year ago. That was Sony's highest third-quarter profit ever. The profit is attributed to robust sales of Sony's music division and better sales of high-end TVs , which made up for slowing growth in games and image sensors.

Sony also raised its profit forecast for the year ending March to 720 billion yen from 630 billion yen.

Sony also announced that that CEO Kazuo Hirai would be replaced by CFO Kenichiro Yoshida, effective April 1.

Once a market leader in consumer-electronics, the Hirai-Yoshida duo helped Sony streamline its unprofitable electronics businesses and capitalize on the spread of smartphones with image sensors. Under their leadership, Sony proceeded to many controversial changes, including the sale of the Vaio PC division and spinning off the TV business.



Previous
Next
Foxconn to Invest $340m in AI venture        All News        Q4: Apple Passes Samsung in the Worldwide Smartphone Market
Foxconn to Invest $340m in AI venture     General Computing News      Alphabet's Earnings Miss Profit Estimates

Get RSS feed Easy Print E-Mail this Message

Related News
Sony's DPT-CP1 Paper E Ink Tablet Coming Early June
Sony's Xperia XZ2 Premium Brings Ultra-high Sensitivity Dual Camera, 4K HDR Movie Recording and Display
New Sony a7 III 24MP Full Frame Mirrorless Camera Retails For Less Than $2,000
Sony's New Xperia XZ2 Supports 4K HDR Video Recording
Sony to Build Taxi-hailing System
New Sony Back-Illuminated CMOS Image Sensor Enables Global Shutter Function
Sony Announces Pricing for X900F and X850F Series 4K HDR Ultra HD TVs
Sony to Showcase New Creative and Technological Concepts at SXSW 2018
CES: Sony Presents New OLED TVs, Audio Products, Robot Car Image Sensors
Sony Unveils new Selfie Xperia XA2 and Xperia XA2 Ultra Smartphones
Sony Revives the AIBO Robot Dog
Sony Raises Earnings Outlook, as Camera Chips, TVs Fuel Recovery

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 .