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Sony cuts outlook again for smartphone business
2015-07-30 09:31:00| Telecompaper Headlines
(Telecompaper) Sony reported revenues for its fiscal first quarter to June down 0.1 percent from a year earlier to JPY 1.808 trillion. On a constant currency basis, revenues fell 7 percent, due to lower sales of smartphones and TVs, offset by growth in its cameras, gaming and components. Operating profit jumped 39 percent to JPY 96.9 billion, and net profit more than tripled, to JPY 82.4 billion from JPY 26.8 billion a year ago. Profits were helped by a number of one-time gains, including on the acquisition of the music group The Orchard and a logistics joint venture. At the mobile business, revenues fell 16.3 percent to JPY 280.5 billion, and the operating loss swelled to JPY 22.9 billion from JPY 1.9 billion a year ago. Sony sold 7.2 million smartphones in the quarter, down from 9.4 million a year earlier and 7.9 million in the previous quarter. Sony attributed the fall to a strategic decision to focus on profitability over volume. The drop in sales is expected to continue, with the annual forecast cut to 27 million smartphones sold from an estimate in April of 30 million. The revenue forecast for mobile was cut to JPY 1.190 billion, and the operating loss in 2015 is now expected to be bigger, at around JPY 60 billion. The downgrade at mobile was offset by an upgrade in the outlook for the gaming and camera divisions, allowing Sony to maintain its group outlook for slightly lower revenues and a strong improvement in operating profit over the fiscal year.
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Sony SRS-X33
2015-07-28 01:02:50| PC Magazine: New Product Reviews
The diminutive Sony SRS-X33 speaker delivers excellent Bluetooth audio at moderate volumes, but it falters when you crank it higher.
Tags: sony
Sony SRS-X33
2015-07-27 21:03:21| PC Magazine Speakers Product Guide
The diminutive Sony SRS-X33 speaker delivers excellent Bluetooth audio at moderate volumes, but it falters when you crank it higher.
Tags: sony
Sony SRS-X33
2015-07-27 19:03:35| PC Magazine: New Product Reviews
The diminutive Sony SRS-X33 speaker delivers excellent Bluetooth audio at moderate volumes, but it falters when you crank it higher.
Tags: sony
NPD: Batman Signal Shines Bright For Sony, WB In June
2015-07-21 08:19:13| Electronics - Topix.net
For video game makers and the console behemoths, the monthly NPD figures represent a chance to see how their products have been doing, as well as giving the whole industry an idea of the direction the market is headed compared to last year. As we turn toward Q2 earnings reports for many of these companies, the June data can help give clues as to what investors can expect in terms of earnings and forward guidance, especially if one developer or machine can run the tables.
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