Breaking News

Arctic announces Xtender PC case Samsung Launches World’s First 500Hz OLED Gaming Monitor and New Odyssey G7 Lineup Razer Unveils Wolverine V3 Pro 8K PC controller XPG Launches the Industry-leading RGB Gen4 SSD – SPECTRIX S65G CASIO Introduces the All New G SHOCK GBA 950

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

  • 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.

  • Sony introduces the FX2 compact camera

  • Celebrate Days of Play 2025 starting on May 28

  • Sony introduces WH-1000XM6

  • Sony Introduces Xperia 1 VII

  • Sony announces DualSense wireless controller for Death Stranding 2

Latest News

Arctic announces Xtender PC case
Cooling Systems

Arctic announces Xtender PC case

Samsung Launches World’s First 500Hz OLED Gaming Monitor and New Odyssey G7 Lineup
Gaming

Samsung Launches World’s First 500Hz OLED Gaming Monitor and New Odyssey G7 Lineup

Razer Unveils Wolverine V3 Pro 8K PC controller
Gaming

Razer Unveils Wolverine V3 Pro 8K PC controller

XPG Launches the Industry-leading RGB Gen4 SSD – SPECTRIX S65G
PC components

XPG Launches the Industry-leading RGB Gen4 SSD – SPECTRIX S65G

CASIO Introduces the All New G SHOCK GBA 950
Consumer Electronics

CASIO Introduces the All New G SHOCK GBA 950

Popular Reviews

be quiet! Light Loop 360mm

be quiet! Light Loop 360mm

be quiet! Dark Mount Keyboard

be quiet! Dark Mount Keyboard

be quiet! Light Mount Keyboard

be quiet! Light Mount Keyboard

Noctua NH-D15 G2

Noctua NH-D15 G2

Soundpeats Pop Clip

Soundpeats Pop Clip

be quiet! Light Base 600 LX

be quiet! Light Base 600 LX

be quiet! Pure Base 501

be quiet! Pure Base 501

Terramaster F8-SSD

Terramaster F8-SSD

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