% | $
Quotes you view appear here for quick access.

Nintendo Co. Ltd. Message Board

  • sql1433 sql1433 Jan 31, 2008 2:24 AM Flag

    Sony Up 25 % 8======>NTDOY DOWN 21%

    an. 31 (Bloomberg) -- Sony Corp., the world's second- largest maker of consumer electronics, reported record quarterly earnings after the PlayStation 3 unit turned profitable.

    Net income rose 25 percent to 200.2 billion yen ($1.9 billion) in the third quarter ended Dec. 31, from 159.9 billion yen a year earlier, Tokyo-based Sony said today in a statement. Sales gained 9.6 percent to 2.86 trillion yen.

    The company raised its full-year net income forecast by 3 percent to 340 billion yen after the games business made money. Sony lowered its annual operating profit target to 410 billion yen from the company's previous 450 billion yen estimate. The annual sales target was left unchanged.

    The company was projected to report third-quarter net income of 190.4 billion yen, according to the median estimate of six analysts surveyed by Bloomberg. Sales exceeded the 2.75 trillion yen median estimated in the survey.
    Sony Posts Record Quarterly Profit on Games Division (Update1)

    Sony has fallen 16 percent on the Tokyo Stock Exchange this year as concern over the stronger yen drove down shares of Japanese electronics makers. Matsushita Electric Industrial Co., the world's largest maker of consumer electronics, has dropped 2.8 percent. Nintendo Co., maker of the top-selling Wii game console, has slid 21 percent after doubling in each of the past two years.

    To contact the reporter on this story: Hiroshi Suzuki in Tokyo at

    SortNewest  |  Oldest  |  Most Replied Expand all replies
33.50-0.24(-0.70%)Sep 23 4:00 PMEDT