Wednesday, November 25, 2015
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
Panasonic's CX Ultra HD Smart TVs Bring 4K Closer To Home
New LG Ray Smartphone Focuses On Photo Shooting
HP Profit Lower Than Expected
Police Arrests Fifth Suspect In TalkTalk Hack Investigation
Toshiba Develops Fast 3D Metal Printer
ECS LIVA X2 Mini PC Runs Windows 10
Memory-Tech Ready To Start Mass Production Of UHD Blu-ray Disc
New Nokia 230 and Nokia 230 Dual SIM Phones Coming Next Month
Active Discussions
roxio issues with xp pro
How to back up a PS2 DL game
Copy a protected DVD?
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
 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."

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 CEO dismisses Chip Development Rumors
Sony a68 A-mount Camera Shipping With 4D FOCUS
Sony Returns To profitablity Following Strong PS4 Sales
Toshiba To Sell Image Sensor Business to Sony
Sony Introduces 4K Home Theater Projectors, ES Receiver at CEDIA 2015
Sony RX1R II Camera Packs A 42MP Back-Illuminated Full-Frame Image Sensor
Sony Acquires Softkinetic Systems To Expand Its Image Sensor Offerings
Sony Semiconductor Solutions Corporation Established
New Sony Software Upgrade, Rolls For Xperia M2 and Xperia M2 Aqua
Sony Brings Hi-Res Audio to the Car
Sony Adds Uncompressed 14-Bit RAW Still Image Capture for New α Cameras
Sony Launches The Ultra-sensitive a7S II Full-frame Camera

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 .