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 Hsuzuki5@bloomberg.net
you've got a ways to go.
place a comma after "sure thing" and before "idiot".
e.g. "nice job, douchebag"
it's "half-wits", not "half-wit's".
apostrophes are meant for ownership, not pluralization. have a nice day, and good luck in your name-calling endeavors!
"just saying that calling someone a "moron" while using sub-GED level grammar is amusing"
I didn't count or spell bitch correctly either. The reference to Chris Rock must have given it away.
I'll spell check and read over my posts from now on to appease the anal retentive. . .sure thing idiot.
"all you've added is some pretty sub-par name calling"
I'll work on my name calling for the half wit's reading along.
not whining in the least... just saying that calling someone a "moron" while using sub-GED level grammar is amusing. While we're on the topic of bringing-nothing-to-the-table, all you've added is some pretty sub-par name calling.
Glad to see the grammar and spelling coach is off the bench. Anything meaningful you would like to add or will you simply whine about misspelled words on a message board?. . .really moron?
Compare Sony to Ntdoy over the past year.
What's your point little man?
Are you still upset the PS3 is inferior to an old Nintendo with a motion sensor?. . .don't have to prove anything. . .the sales do.
Make sure you study hard in Algebra this year.