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Sony posts loss, forecasts profit gain

                   
reuters.com
May 14, 2008
        
Story Timeline:  152 days

TOKYO (Reuters) - Sony Corp reported a surprise quarterly operating loss on Wednesday, hit by losses in its videogame division and a fall in the value of its securities holdings, but it forecast a gain in profit this year. Sony posted an operating loss of 4.7 billion yen ($45.29 million) for... [read full story]                    

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Latest article on this story:

For Sony TVs, a New Downscale Front

 redorbit.com May 16, 2008
First article on this story:

Sony expected to miss operating profit forecast on global financial market woes

 finanznachrichten.de May 14, 2008
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For Sony TVs, a New Downscale Front

redorbit.com
May 16, 2008
        

Posted on: Friday, 16 May 2008, 12:10 CDT The prospect of a global economic downturn should make Sony (SNE) nervous. A drop-off in TV sales would do more than dent Sony's earnings outlook. This year, Sharp (6753.T) is expecting to sell 10 million LCD TVs, while Matsushita Electric Industrial (MC)...

                   

Sony sees growth in TV, games despite quarter loss

gadgetell.com
May 16, 2008
        

Section: News Sony is predicting higher growth than their target for the rest of the year despite posting a surprising $45 million loss in January through March. The company’s performance was an improvement from a $1.08 billion loss from last year but still short of an average profit estimate of...

Sony Braces for Letdown After a Year of Gains

thejapannews.net
May 15, 2008
        

MARTIN FOSTER Published May 15, 2008 TOKYO — Income at the consumer electronics giant Sony rebounded in the last quarter as the company was able to hold down chip costs but was hurt by a drop in the value of its financial holdings. Sony reported on Wednesday that net income was 29 billion yen, or...

                   

Sony shares jump after profit forecast

keralanext.com
May 15, 2008
        

TOKYO - Shares of Sony Corp (6758.T) soared 9 percent to their highest in two and a half months on Thursday after it forecast an unexpectedly big operating profit this year as it aims to boost flat TV sales and wipe away losses on the PlayStation 3 game console. Despite suffering an operating...

                   

For Sony TVs, a New Downscale Front

businessweek.com
May 15, 2008
        

An all-out effort in lower-end models should result in big unit sale gains, but some wonder if Bravia sets at Wal-Mart will hurt the brand The prospect of a global economic downturn should make Sony nervous. After all, you can't expect consumers to shop for giant flat-screen TVs and other pricey...

                   

Sony shares jump 10 per cent after profit forecast

indiatimes.com
May 15, 2008
        

TOKYO: Shares of Sony Corp soared 9 per cent to their highest in two and a half months on Thursday after it forecast an unexpectedly big operating profit this year as it aims to boost flat TV sales and wipe away losses on the PlayStation 3 game console. Despite suffering an operating losses in...

                   

Sony Braces for Letdown After a Year of Gains

the-dispatch.com
May 15, 2008
        

TOKYO — Income at the consumer electronics giant Sony rebounded in the last quarter as the company was able to hold down chip costs but was hurt by a drop in the value of its financial holdings. Sony reported on Wednesday that net income was 29 billion yen, or about $278 million, in its fourth...

                   

Sony shares rise in Tokyo after upbeat earnings

ksl.com
May 15, 2008
        

By YURI KAGEYAMA AP Business Writer TOKYO (AP) - Sony shares jumped nearly 9 percent in Thursday trading in Tokyo, a day after the Japanese electronics and entertainment company released upbeat earnings that included a record fiscal year profit. Sony stock closed at 5,270 yen ($50) midday, up 8.7...

                   

Sony shares rise in Tokyo after upbeat earnings

examiner.com
May 15, 2008
        

May 15, 2008 5:07 AM (22 mins ago) By YURI KAGEYAMA, AP » 22 mins ago: Sony shares rise in Tokyo after upbeat earnings « 5 hrs ago: Sony shares rise in Tokyo after earnings (AP Photo/Shizuo Kambayashi) Visitors watch the Sony Corp.'s Bravia flat panel TV sets on display at a Tokyo store, Japan,...

                   

Sony shares rise in Tokyo after upbeat earnings

wtop.com
May 15, 2008
        

Visitors watch the Sony Corp.'s Bravia flat panel TV sets on display at a Tokyo store, Japan, Wednesday, May 14, 2008. Sony marked a strong recovery in the fiscal year through March, nearly tripling profit to a record, on reduced losses in its PlayStation 3 video game business and strong sales of...

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