Sunday, March 18, 2018
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
Facebook Suspends Data Analytics Firm Which Worked on the Trump Presidential Campaign
Standalone Oculus Go Headset Could Debut Next Month
Qualcomm Director Paul Jacobs to Exit Qualcomm Board
Samsung Galaxy S9 and S9+ Go On Sale
Samsung in Talks With Boeing to Bring Mobile Tech To Planes
Samsung's Galaxy S9 Said to Use Chinese Optical Parts
Facebook Lite to Come in the U.S. and Elsewhere
Android Wear Becomes Wear OS by Google
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.

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
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
Sony develops Remote-driven Electric Vehicle
Sony's New Full-frame α7R III Interchangeable Lens Camera Combines 42.4 MP Resolution and Speed

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 .