Breaking News

TerraMaster Black Friday & Cyber Monday 2025 Mega Sale Is Here HighPoint and ASK Corp Redefine 8K Post-Production with Verified 50.5GB/s Gen5 NVMe Storage at Inter BEE 2025 EDIFICE Launches the New ECB-S10 Series TCL and Call of Duty Unite to Elevate the Launch of Black Ops 7 With Next-Generation QD-Mini LED Immersion EnGenius Releases Broadband Outdoor EOC620 Mobile CPE for Transportation and Remote Operations

logo

  • Share Us
    • Facebook
    • Twitter
  • Home
  • Home
  • News
  • Reviews
  • Essays
  • Forum
  • Legacy
  • About
    • Submit News

    • Contact Us
    • Privacy

    • Promotion
    • Advertise

    • RSS Feed
    • Site Map

Search form

PS4 Kept Sony Alive In Q3

PS4 Kept Sony Alive In Q3

Enterprise & IT Jan 29,2016 0

Sony's gaming division and the sales of PS4 (hardware/games) have helped the company maintain its third-quarter earnings, despite the slowdown in the premium smartphone market and thus, in Sony's image sensor business. Sony posted third-quarter earnings up on those from a year ago, making ¥202.1 billion ($1.69 billion) in operating profit off ¥2.58 trillion ($21.5 billion) in revenue. Net profit between October and December was ¥120.1 billion ($1 billion), 33 percent higher than the same quarter last year.

Sony's gaming division enjoyed a 10.5 percent year-on-year increase revenue brought on by strong PlayStation hardware and software sales totalling ¥587.1 billion ($4.89 billion). Sony recently announced that it's sold over 35 million PlayStation 4 consoles. Operating income for the gaming unit was 45.5 percent higher.

Sony Pictures turned in a good quarter, too, with movies like Spectre and Hotel Transylvania 2 performing well at the box office to help the division make ¥262.1 billion ($2.18 billion) in revenue - 26.9 percent up on last year.

While Sony's mobile phone sales were down 14.7 percent, the division posted a much higher operating profit of ¥24.1 billion ($201 million) due to a product mix and reductions in areas like R&D and marketing.

Sony's Devices division, which covers components including image sensors, was hurt by lower smartphone sales and lower demand for Sony's sensors. The division was also hit by decreased battery sales. Revenue was down 12.6 percent at ¥249.9 billion ($2.08 billion), with an overall operating loss of ¥11.7 billion ($97 million) largely caused by an impairment charge on certain assets.

"Demand for image sensors from certain customers has slowed since November due to a slowdown in the high-end smartphone market," Chief Financial Officer Kenichiro Yoshida told reporters at a briefing, without naming the clients. Yoshida said Sony was planning its budget for the next year assuming a fall in global demand for high-end smartphones.

The company maintained its outlook for full-year operating profit to grow to 320 billion yen from 68.5 billion in the previous year.



Tags: Sony
Previous Post
Apple To Add Wireless Charging Tech In Future iPhones: report
Next Post
Microsoft Cloud And Server Business Help Company's Earnings

Related Posts

  • First look at PlayStation’s 27” Gaming Monitor

  • Sony Unveils Sony FE 100mm F2.8 Macro GM OSS

  • Sony Reimagines its 10 Series with Xperia 10 VII

  • Sony’s 360 Virtual Mixing Environment now available in Europe

  • Sony completes its INZONE gaming gear range with new headsets and more

  • PlayStation announces FlexStrike wireless fight stick

  • Sony Introduces the RX1R III

  • Sony launches a high-resolution shotgun microphone with superior sound quality and compact design.

Latest News

TerraMaster Black Friday & Cyber Monday 2025 Mega Sale Is Here
Enterprise & IT

TerraMaster Black Friday & Cyber Monday 2025 Mega Sale Is Here

HighPoint and ASK Corp Redefine 8K Post-Production with Verified 50.5GB/s Gen5 NVMe Storage at Inter BEE 2025
Enterprise & IT

HighPoint and ASK Corp Redefine 8K Post-Production with Verified 50.5GB/s Gen5 NVMe Storage at Inter BEE 2025

EDIFICE Launches the New ECB-S10 Series
Consumer Electronics

EDIFICE Launches the New ECB-S10 Series

TCL and Call of Duty Unite to Elevate the Launch of Black Ops 7 With Next-Generation QD-Mini LED Immersion
Consumer Electronics

TCL and Call of Duty Unite to Elevate the Launch of Black Ops 7 With Next-Generation QD-Mini LED Immersion

EnGenius Releases Broadband Outdoor EOC620 Mobile CPE for Transportation and Remote Operations
Enterprise & IT

EnGenius Releases Broadband Outdoor EOC620 Mobile CPE for Transportation and Remote Operations

Popular Reviews

be quiet! Dark Mount Keyboard

be quiet! Dark Mount Keyboard

Terramaster F8-SSD

Terramaster F8-SSD

be quiet! Light Mount Keyboard

be quiet! Light Mount Keyboard

Soundpeats Pop Clip

Soundpeats Pop Clip

Akaso 360 Action camera

Akaso 360 Action camera

Dragon Touch Digital Calendar

Dragon Touch Digital Calendar

Noctua NF-A12x25 G2 fans

Noctua NF-A12x25 G2 fans

be quiet! Pure Loop 3 280mm

be quiet! Pure Loop 3 280mm

Main menu

  • Home
  • News
  • Reviews
  • Essays
  • Forum
  • Legacy
  • About
    • Submit News

    • Contact Us
    • Privacy

    • Promotion
    • Advertise

    • RSS Feed
    • Site Map
  • About
  • Privacy
  • Contact Us
  • Promotional Opportunities @ CdrInfo.com
  • Advertise on out site
  • Submit your News to our site
  • RSS Feed