Breaking News

ADATA Launches URBAN TAPSAFE External SSD Sony Expands Gaming Gear Range with INZONE H6 Air and INZONE M10S II Transcend Launches RDE3 microSD Express Card Reader for Next-Generation High-Speed Performance PlayStation Plus Game Catalog for April 2026 Samsung Sets a New Standard of Color with Micro RGB TV Lineup

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

Music and TV Sales Fuel Sony's Record Third Quarter Profit, Hirai to Step Down

Music and TV Sales Fuel Sony's Record Third Quarter Profit, Hirai to Step Down

Enterprise & IT Feb 2,2018 0

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.

Tags: Sony
Previous Post
Foxconn to Invest $340m in AI venture
Next Post
Q4: Apple Passes Samsung in the Worldwide Smartphone Market

Related Posts

  • Sony Expands Gaming Gear Range with INZONE H6 Air and INZONE M10S II

  • Sony Unveils New BRAVIA Theatre Home Audio Lineup for Enhancing Home Cinema Experience

  • 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

Latest News

ADATA Launches URBAN TAPSAFE External SSD
PC components

ADATA Launches URBAN TAPSAFE External SSD

Sony Expands Gaming Gear Range with INZONE H6 Air and INZONE M10S II
Gaming

Sony Expands Gaming Gear Range with INZONE H6 Air and INZONE M10S II

Transcend Launches RDE3 microSD Express Card Reader for Next-Generation High-Speed Performance
Cameras

Transcend Launches RDE3 microSD Express Card Reader for Next-Generation High-Speed Performance

PlayStation Plus Game Catalog for April 2026
Gaming

PlayStation Plus Game Catalog for April 2026

Samsung Sets a New Standard of Color with Micro RGB TV Lineup
Consumer Electronics

Samsung Sets a New Standard of Color with Micro RGB TV Lineup

Popular Reviews

be quiet! Dark Mount Keyboard

be quiet! Dark Mount Keyboard

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

Soft2bet and the unseen hardware that makes instant play possible

Soft2bet and the unseen hardware that makes instant play possible

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