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  • By Pladidus August 10, 2012 · 0 Comments...

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  • Japan”s electronics giant Sony said Thursday it swung back to a <strong>net</strong> profit of $35 million for the April-June quarter, while boosting its annual sales forecast. Sony racked up a 3.5 billion yen <strong>net</strong> profit for the three months to June, reversing a <strong>net</strong> loss of 24.6 billion yen a year earlier, as it lifted its full-year to March 2014 sales target to 7.9 trillion yen, up from 7.5 trillion yen. At the operating level, Sony said its profit in the...

    Sony swings to $35 million quarterly net profit

    Japan”s electronics giant Sony said Thursday it swung back to a net profit of $35 million for the April-June quarter, while boosting its annual sales forecast. Sony racked up a 3.5 billion yen net profit for the three months to June, reversing a net loss of 24.6 billion yen a year earlier, as it lifted its full-year to March 2014 sales target to 7.9 trillion yen, up from 7.5 trillion yen. At the operating level, Sony said its profit in the...

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  • Japanese electronics giant Sony on Thursday doubled its annual <strong>net</strong> profit forecast for the past fiscal year as a weaker yen and a sale of assets helped boost its bottom line. Sony”s new forecast for the year to March 2013 of 40 billion yen ($403 million) <strong>net</strong> profit is up from an earlier estimate of 20 billion yen. The company reports its results next month. A tumble in the value of the yen in recent months losing about a fifth against the...

    Sony doubles annual net profit forecast to $403 million

    Japanese electronics giant Sony on Thursday doubled its annual net profit forecast for the past fiscal year as a weaker yen and a sale of assets helped boost its bottom line. Sony”s new forecast for the year to March 2013 of 40 billion yen ($403 million) net profit is up from an earlier estimate of 20 billion yen. The company reports its results next month. A tumble in the value of the yen in recent months losing about a fifth against the...

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