Breaking News

God of War Greek trilogy remake in development & God of War Sons of Sparta out now Sony Launches WF-1000XM6 Truly Wireless Earbuds EnGenius ECW515 Brings Wi-Fi 7 Performance to In-Room and In-Unit Deployments MSI Strengthens Strategic Partnership with Samsung Display Razer Introduces the BlackShark V3 for Xbox – White Edition

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's Loss Grows

Sony's Loss Grows

Enterprise & IT Aug 2,2012 0

Sony is reporting a bigger loss for the April-June quarter at 24.6 billion yen ($316 million) despite a sales recovery from a disaster-struck previous year. Sony sales were 1,515.2 billion yen (19,180 million U.S. dollars), an increase of 1.4% compared to the same quarter of the previous fiscal year. This increase was primarily due to a significant increase in sales in the MP&C segment, while sales in the HE&S segment decreased significantly. On a constant currency basis, sales increased 5% year-on-year.

The Japanese electronics company said Thursday its income was hurt by a surging yen, which erases overseas earnings, and by declining sales of liquid-crystal display TVs and video game machines.

Sony said it's expecting to return to the black for the fiscal year through March 2013, with a 20 billion yen ($256 million) profit. It posted a 456.6 billion yen loss in its last business year.

Tags: Sony
Previous Post
Sharp to Cut 5,000 Jobs, Plans Start Shipping iPhone Screens This Month
Next Post
Intel Invests in European-Based Motion Sensing Technology Company

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

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

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

Sony Launches WF-1000XM6 Truly Wireless Earbuds
Consumer Electronics

Sony Launches WF-1000XM6 Truly Wireless Earbuds

EnGenius ECW515 Brings Wi-Fi 7 Performance to In-Room and In-Unit Deployments
Enterprise & IT

EnGenius ECW515 Brings Wi-Fi 7 Performance to In-Room and In-Unit Deployments

MSI Strengthens Strategic Partnership with Samsung Display
Consumer Electronics

MSI Strengthens Strategic Partnership with Samsung Display

Razer Introduces the BlackShark V3 for Xbox – White Edition
Gaming

Razer Introduces the BlackShark V3 for Xbox – White Edition

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

be quiet! Pure Loop 3 280mm

be quiet! Pure Loop 3 280mm

Noctua NF-A12x25 G2 fans

Noctua NF-A12x25 G2 fans

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