Sunday, November 23, 2014
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
Samsung Files ITC Complaint Against Nvidia
Europe To Ask Google Unlink Its Commercial And Search Services
Streaming TV Service Aereo Files for Bankruptcy
Square Launches Cash Register Service
Call of Duty: Advanced Warfare is the Biggest Entertainment Launch of 2014
Intel-Micron 3D NAND To Have 32 Layers, 256Gb Per Die
Intel To Release Chromecast-like Thumb-sized PCs
Google Contributor Lets You Pay And And See No Ads In Your Favorite Sites
Active Discussions
cdrw trouble
CDR for car Sat Nav
DVD/DL for Optiarc 7191S at 8X
Copied dvd's say blank in computer only
Made video, won't play back easily
New Features In Firefox 33
updated tests for dvd and cd burners
How to generate lots of different CDs quickly
 Home > News > General Computing > Sony Re...
Last 7 Days News : SU MO TU WE TH FR SA All News

Thursday, July 31, 2014
Sony Reports First Quarter Profit


Although Sony warned it doesn't now expect to make money on smartphones this year, strong PS4 sales have helped the company's profitg for the first quarter.

Sony said said April-June operating profit doubled, boosted by its videogames business and a one-off asset sale. However, the company cut its smartphone sales target this fiscal year by 14 percent. Sony now expects to just break even in the business this year, down from a previous operating forecast of 26 billion yen ($253 million), and is reviewing its mid-term strategy.

Sony now expects to sell 43 million smartphones this year, down from 50 million.

For the fiscal year, Sony on Thursday shaved 3 percent off its TV sales target, cutting it to 15.5 million from 16 million previously.

In the fiscal first quarter ended June, Sony's operating profit climbed to 69.8 billion yen ($679 million) from 35.5 billion yen a year earlier.

Across the company as a whole, net profit surged to 26.8 billion yen in the first quarter from a meager 3.13 billion a year earlier. Revenue rose 5.8 percent to 1.81 trillion yen.

Separately Sony also said it would set up a joint venture with Panasonic Corp and Japan Display Inc to develop organic light-emitting diode (OLED) displays, with the government-backed Innovation Network Corp of Japan taking a majority stake.



Previous
Next
Toshiba, Samsung Vie For 48-layer 3-D NAND Chips        All News        Samsung Launches First Flexible TV
Toshiba, Samsung Vie For 48-layer 3-D NAND Chips     General Computing News      Panasonic and Tesla Sign Agreement for the Gigafactory

Get RSS feed Easy Print E-Mail this Message

Related News
New Sony Alpha 7 II Full-frame Mirrorless Camera Released
Sony Aims At Movie, TV Businesses
New Sony Exmor RS Stacked CMOS Image Sensor Supports Image Plane Phase Detection Signal Processing Function
Sony Unveils PlayStation Vue Cloud-Based TV Service
Sony's New Pocket SSD Drives Released In Europe
PlayStation 4 Sales Sustain Sony's Quarterly Loss
PS4 Remote Play Now Available for Xperia Z3 Series
Sony To Release Android Lollipop To Its Entire Xperia Xperia Z Series
New Sony Headphones, Portable Headphone DAC/Amplifier and Headphone Cables Support Hi-Resolution Audio
Sony Xperia Z3 Coming To The US
PlayStation TV Coming October 14th
Sony Develops SmartEyeglass, Launches SDK

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 .