Breaking News

ASUS ProArt RTX Spark Windows PCs Available for Immediate Pre-Order Kioxia Introduces E1.L QLC-based SSDs for Hyperscale Data Centers CORSAIR Launches the HS80 v2 MAX WIRELESS Gaming Headset Sony Announces the World's First Eclipsa Audio Certified Microphone1 for Smartphones Razer Unveils the Basilisk V4 Line

logo

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

    • Contact Us
    • Privacy

    • Promotion
    • Advertise

    • RSS Feed

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

  • Sony Announces the World's First Eclipsa Audio Certified Microphone1 for Smartphones

  • Sony Introduces New Colour to INZONE H9 II Headset and INZONE E9 In-ear Headphones

  • Sony Rewrites the Rules of Super-Telephoto: Announces World's Lightest 400mm and 600mm G Master Primes

  • Sony Expands its ULT POWER SOUND series Lineup with 3 New Bass-Powered Speakers

  • Sony Launches ‘FE 100-400MM F5.6-8 OSS

  • Sony Launches FX5 Camera

  • Sony announces RX10V

  • Sony Semiconductor Solutions to Release Advanced 1/2-type CMOS Sensor for Mobile Applications

Latest News

ASUS ProArt RTX Spark Windows PCs Available for Immediate Pre-Order
Enterprise & IT

ASUS ProArt RTX Spark Windows PCs Available for Immediate Pre-Order

Kioxia Introduces E1.L QLC-based SSDs for Hyperscale Data Centers
Enterprise & IT

Kioxia Introduces E1.L QLC-based SSDs for Hyperscale Data Centers

CORSAIR Launches the HS80 v2 MAX WIRELESS Gaming Headset
Consumer Electronics

CORSAIR Launches the HS80 v2 MAX WIRELESS Gaming Headset

Sony Announces the World's First Eclipsa Audio Certified Microphone1 for Smartphones
Consumer Electronics

Sony Announces the World's First Eclipsa Audio Certified Microphone1 for Smartphones

Razer Unveils the Basilisk V4 Line
PC components

Razer Unveils the Basilisk V4 Line

Popular Reviews

Endorfy Thock V2 Wireless Keyboard

Endorfy Thock V2 Wireless Keyboard

The Quiet Technology Behind the Spin

The Quiet Technology Behind the Spin

SoundPeats Cove Pro

SoundPeats Cove Pro

Akaso Brave 8 Lite

Akaso Brave 8 Lite

SoundPeats C30

SoundPeats C30

Kioxia Exceria Plus G3 512GB microSD

Kioxia Exceria Plus G3 512GB microSD

be quiet! Dark Perk Mice

be quiet! Dark Perk Mice

XbotGo Chamaleon

XbotGo Chamaleon

Main menu

  • Home
  • News
  • Reviews
  • Essays
  • About
    • Submit News

    • Contact Us
    • Privacy

    • Promotion
    • Advertise

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