Breaking News

Intel Announces New Intel Core Ultra 200S Plus Series Desktop Processors Sharkoon announces OfficePal KB70W Akasa Unveils Pascal MX Mini-ITX Fanless Case Intel Launches Core Series 2 Processor with Real-Time Performance and Expands Edge AI Portfolio ASUS Announces New-Gen NUC 16 Pro Mini PC

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

Sony Profits Soar to $4.5 bn on Image Sensor Sales, Movies

Sony Profits Soar to $4.5 bn on Image Sensor Sales, Movies

Enterprise & IT Apr 27,2018 0

Sony on Friday reported profits worth $4.5 billion, supported by better sales almost across the board, including games, movies and image sensors.

Sony reported net yearly profits hit 490.8 billion yen ($4.5 billion) for the year to March, a record high, up from 73.3 billion yen a year earlier.

Annual operating profit more than doubled to 734.86 billion yen, while sales surged 12.4 percent to 8.54 trillion yen, the company said.

Sales were up across the board, with the exception of the mobile operation, with asset sales adding to its operating profit, Sony said.

The game division saw an 18-percent rise in sales largely, driven by the popularity of PlayStation 4 software, as well as foreign exchange rates and more subscribers to Sony's paid membership service.

After the commercial successes of "Spider-Man: Homecoming" and "Jumanji: Welcome to the Jungle", Sony's pictures division saw sales rise 12 percent.

Jumanji managed the rare feat of regaining the top spot in North American box offices on its seventh week in cinemas, and has earned more than $404 million in the North American market since its December 2017 release.

Sony also saw robust demand for image sensors for mobile phones drive sales in its semiconductor business up 10 percent.

Meanwhile, Sony's quality sensors for smartphone cameras saw explosive demand, along with the PlayStation series of game consoles, movies, and its financial businesses.

But falling sales of smartphones continued and will likely drop further during the ongoing year.

For the year to March 2019, the firm expects a moderate slowdown, with net profit seen falling 2.2 percent to 480 billion yen and operating profit down 8.8 percent to 670 billion yen.

Annual sales are expected to drop 2.9 percent to 8.3 trillion yen.

Tags: Sony
Previous Post
New Windows 10 update Brings Support for Near Share, Timeline and Focus Assist
Next Post
Nintendo Partners with Cygames to Boost Smartphone Gaming

Related Posts

  • God of War Greek trilogy remake in development & God of War Sons of Sparta out now

  • Sony Launches WF-1000XM6 Truly Wireless Earbuds

  • Sony Evolves Large Display Lineup with the Launch of the BRAVIA Professional Displays BZ-P Series

  • Sony at BSC Expo 2026

  • Sony Expands Its Turntable Lineup with New Wireless Models

  • Sony Unveils LinkBuds Clip Open Earbuds

  • Sony Launches Alpha 7 V and FE 28-70mm f/3.5-5.6 OSS II

  • First look at PlayStation’s 27” Gaming Monitor

Latest News

Intel Announces New Intel Core Ultra 200S Plus Series Desktop Processors
PC components

Intel Announces New Intel Core Ultra 200S Plus Series Desktop Processors

Sharkoon announces OfficePal KB70W
Consumer Electronics

Sharkoon announces OfficePal KB70W

Akasa Unveils Pascal MX Mini-ITX Fanless Case
Cooling Systems

Akasa Unveils Pascal MX Mini-ITX Fanless Case

Intel Launches Core Series 2 Processor with Real-Time Performance and Expands Edge AI Portfolio
Enterprise & IT

Intel Launches Core Series 2 Processor with Real-Time Performance and Expands Edge AI Portfolio

ASUS Announces New-Gen NUC 16 Pro Mini PC
Enterprise & IT

ASUS Announces New-Gen NUC 16 Pro Mini PC

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

Akaso 360 Action camera

Akaso 360 Action camera

Dragon Touch Digital Calendar

Dragon Touch Digital Calendar

be quiet! Pure Loop 3 280mm

be quiet! Pure Loop 3 280mm

Noctua NF-A12x25 G2 fans

Noctua NF-A12x25 G2 fans

Arctic Liquid Freezer III 360 Pro Argb

Arctic Liquid Freezer III 360 Pro Argb

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