Like us:
Sony About To Post Profit?
For the first time in over a year.Published: 8:30, 28/01/2010 by Staff.
19Reuters is reporting this morning that Sony is about to post an operating profit of about 100 billion yen ($1.1 billion) for its last quarter (October-December), apparently helped by a recovery in its PlayStation and TV operations. The story, originating from Nikkei overnight, means that this will be the company’s first profit in five quarters.
Sales of the PS3 grew sharply following the remodel and the price cuts, bringing about a profit in the separate video game division for the first time in a year. The report from Sony will be issued on the 4th of February, but in the meantime Sony shares were up 4.4 percent (at 3,070 yen) outperforming the Tokyo stock market’s electrical machinery index, which rose just 2.5 percent.
Most Comments This Week
- PS3 Firmware 4.10 Brings, Wait For It, A Decent Browser! [101]
- OnLive’s Evolution [72]
- CoD: Black Ops Has The Best Ending Ever [63]
- PS Vita’s Load Times Analysed [56]
- PS Vita: Relic or Revolution? [47]
- What We Played #39 [46]
- Star Wars Kinect Sounds Like an Atrocity [45]
- PSN Store Update: 08/02/12 [45]
- Vita PSN Prices Announced [44]
- Journey Is Complete, Awaiting Release Date [41]
TSAtv: Original Video Content
Batman book review
Kris Dancing, again
Joe Danger interview
Sonic Generations
Disclaimer: All comments are the opinion and responsibility of the individual author and not TheSixthAxis. You must read and agree to our terms before reading and commenting on this site. User comments are not always moderated by TheSixthAxis.