Thursday, July 31, 2014
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
Researchers Discover New Smartphone Flaws
U.S. Government Issues Warning About Malicious Software
Hackers Can Use USB Devices in Attacks
Next Apple TV Release Delayed
CoD: Advanced Warfare Collector's Editions Announced
Lite-On IT Merged With Lite-On
AMD Introduces New Kaveri APUs for System Builders
Toshiba, Samsung Vie For 48-layer 3-D NAND Chips
Active Discussions
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
IBM supercharges Power servers with graphics chips
Werner Vogels: four cloud computing trends for 2014
Video editing software.
 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 Reports First Quarter Profit
Sony Settles 2011 PSN Hacking Case
Sony Xperia Z3 Specs Leaked
Sony Invests in Image Sensor Production
Sony Failed To Pay Web Hosting Bills
New Sony Software Upgrade For Xperia T2 Ultra
Sony Xperia Z2 Tablet Comes Exclusively On The Verizon Wireless Network
Sony Launches The Xperia C3 For Selfies
Sony Recalls VAIO Flip PC Laptops Due to Fire Hazards
VAIO Computers Return To The Japanese Market
Sony and Vue Entertainment To Offer First live 4K Streamings of FIFA World Cup Matches
Sony Pictures Television To Buy CSC Media Group

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 .