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Sony: Second quarter financial reports for fiscal year 2008 |
Listed in: News Tags: Sony
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Sony has just released their financial reports for the second quarter of the fiscal year ending March 31, 2008 (July 1, 2007 to September 30, 2007). The report indicates that Sony has made an operational profit of operating profit of 90.5 billion (US$ 787 million), with an overall revenue growth of 12.3 % as compared to its figures from last year (2006).This growth is attributed specifically to sales of the company's Bravia LCD TVs, VAIO PCs, and Cybershot cameras, although sales declined for LCD-rear-projection TVs.
The report further indicates that Sony's game division enjoyed a 42.9 sales increase since last year's figures, thanks mostly to the PlayStation 3 and PSP Slim gaming consoles. The PlayStation experienced global sales of roughly 1.31 million for the quarter, with the PSP selling around 2.58 million units. The PS2 is also running strong with around 3.28 million sales.
On the downside to this report, Sony indicated that their games division suffered operating income losses of 96.7 billion (US$ 841 million), more than double last year's reported losses of 43.5 billion (US$ 381 million). Sony's official explanation for the disparity in this year's losses appeared to link their recent price drops for the PS3:
This deterioration was primarily due to the loss arising from the strategic pricing of PS3 at points lower than its production cost and the increase in PS3-related inventory write-downs recorded during the current quarter compared to the same quarter of the previous year.
Sony further indicates that their inventory value stands at 248 billion (US$ 2.2 billion), or a 31.7 % increase since last year's figures. This rise has been attributed to "build-up of finished goods inventory following the introduction of the PS3 platform in Japan, North America and Europe," according to their official report.
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Post below me is gay.
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above post is a good example, it doesn't make the QJ site hospitable to forum posters at all who would like to express their own points and what's worse is aside from his post taking that away his posts in itself are senseless and with the sole intent of spamming the PS3 articles on your site.
i don't know the details of the rules you set forth i think two months ago regarding this but one thing is sure, posters like nllx falls under that category of which you would like to restrict.
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QJ, please ban the idiots on your site, and FIX THE DAMN EQUALS SIGN THING
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Those all should have been equals signs.
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come on QJ!!! we want a reply to this!!
we are the members and at least deserve this much!!
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