Sunday, March 01, 2015
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
Crafted from Metal and Glass, Samsung Galaxy S6 and Galaxy S6 Edge Are Here
MWC: SanDisk Introduces New Mobile Flash Drives, iNAND 7132 Storage Solution And 200GB microSDXC Card
MWC: New Tablets By Lenovo
Firefox OS Expands with More Partners, Devices
MWC: MediaTek Releases SoCs For Smartphones And Tablets
HP Introduces The Spectre x360 Convertible PC
Acer Unveils Windows Phone 10-ready smartphone At MWC
New ZTE Grand S3 Smartphone Offers EyeVerify Authentication
Active Discussions
Need serious help!!!!
burning
nvidia 6200 review
Hello
Burning Multimedia in track 0
I'm lazy. Please help.
sanyo e6 camera
need help on some cd burning...
 Home > News > General Computing > Sony Ex...
Last 7 Days News : SU MO TU WE TH FR SA All News

Tuesday, April 10, 2012
Sony Expects $6.4 Billion Net Loss


Sony has revised its consolidated results forecast for the fiscal year ended March 31, 2012 from that expecting a record $6.4 billion net loss.

Sony expects to record an aggregate additional charge of approximately 300 billion yen in tax expense in the fourth quarter of the fiscal year, primarily due to the establishment of valuation allowances against certain deferred tax assets, predominantly in the U.S. This additional tax expense is a non-cash charge and does not have any impact on Sony?s consolidated operating income (loss) or cash flow.

Due to the recording of this additional tax expense, net loss attributable to Sony?s stockholders is expected to be significantly greater than the company's February forecast.

In a bid to ease investor concerns, the Japanese consumer electronics giant said it would bounce back and make an operating profit in the current year of 180 billion yen.

Sony is reportedly planning to axe 10,000 jobs according to media reports this week. The company has been hammered by weak demand for its televisions and competition from rivals such as Samsung.


Previous
Next
Toppan Printing, Dai Nippon Printing To Increase Investments In Sharp's Struggling LCD plant        All News        Two-Year Countdown to End of Support For Windows XP and Office 2003
MediaTek Buys DSP Technology Provider Coresonic AB     General Computing News      Two-Year Countdown to End of Support For Windows XP and Office 2003

Get RSS feed Easy Print E-Mail this Message

Related News
Sony Xperia Z4 Tablet Appears Online With 2K Display
Sony Releases New Wireless Bluetooth Headphones
Sony Launches Memory Card For Premium Sound
Sony To Focus On Games, Sensors
Sony SmartEyeglass Developer Edition SED-E1 Available In March
Sony Releases New OLED Display For Pro Video Production
Sony SmartWatch 3 Stainless Steel Rolling Out
Sony Xperia E4 Goes Official
Sony Narrows Loss Forecast After Strong Sensor Sales
Sony Online Entertainment To Make Games For Xbox
Sony To Increase Production Capacity for Stacked CMOS Image Sensors
Sony Mobile Reportedly Plans Massive Job Cuts

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 .