Monday, May 04, 2015
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
CoreOS App Container Spec Gains Support From Tech Companies
Intel Accelerates Data Centers With New SSD DC S3510 Series
Some Android Smartphone Apps May Track You
GE Collaborates With Apple , Qualcomm, On Intelligent Lighting
Microsoft Announces New Solutions For IT Professionals
Facebook Launches Open Internet.org Platform
HP Revamps Its Desktop PC Offerings, Releases New 4K Display
Samsung Galaxy S6 Smartphones Have Memory Leak Problems
Active Discussions
roxio issues with xp pro
How to burn a backup copy of The Frozen Throne
Help make DVDInfoPro better with dvdinfomantis!!!
Copied dvd's say blank in computer only
menu making
Optiarc AD-7260S review
cdrw trouble
burning
 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
Camera Sensor And Playstation Sales Kepts Sony's Annual Profit High
Sony Raises Profit Forecast
Sony Unveils New Home Audio Products
Sony Xperia Z4 Smartphone Unveiled In Japan
Sony's 4K Ultra HD TV Lineup Coming In The U.S.
Sony Unveils Pro 1TB And 2TB Hard Disk Drives with Thunderbolt and USB3.0 Dual Interface
Sony Increases Production Capacity for Stacked CMOS Image Sensors
Sony To Sell Olympus Shares
Android Lollipop Coming On Xperia Z3 And Xperia Z3 Compact
Sony Brings You Cinematic sound With New Sound Bars
Sony Releases New 4K/HD Memory Player
Sony's Project Morpheus Upgraded, Coming in 2016

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 .