Sony shares surge 10% on operating profit forecast

                   
iht.com     May 15, 2008            

Shares of Sony jumped more than 10 percent on Thursday after it forecast a bigger-than-expected operating profit this financial year as it aims to boost flat TV sales and wipe away losses on the PlayStation 3. The result fell short of an average estimate of a ¥27.3 billion operating profit from... [read full story]                    

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Sony post 4Q profit, smaller PlayStation 3 loss

newsvine.com     May 14, 2008          

TOKYO — Sony swung to a profit of $277 million for its fourth fiscal quarter on Wednesday, a reversal from from a year ago as losses dwindled for its struggling PlayStation 3 video game business and it got a lift from property sales. Tokyo-based Sony Corp. earned 29 billion yen in the...                    

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Sony post 4Q profit, smaller PlayStation 3 loss

ibtimes.com     May 14, 2008          

TOKYO (AP) - Sony swung to a profit of $277 million for its fourth fiscal quarter on Wednesday, a reversal from from a year ago as losses dwindled for its struggling PlayStation 3 video game business and it got a lift from property sales. People walk by a corporate sign of Sony Corp. in Tokyo,...                    

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Sony post 4Q profit, smaller PlayStation 3 loss

sacbee.com     May 14, 2008          

Sony swung to a profit of $277 million for its fourth fiscal quarter on Wednesday, a reversal from from a year ago as losses dwindled for its struggling PlayStation 3 video game business and it got a lift from property sales. Sony Corp. Executive Vice President and Chief Financial Officer...                    

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Sony Posts 4Q Loss, Sees Growth In TVs, Games

informationweek.com     May 14, 2008          

Sony posted a surprise quarterly loss on Wednesday after a weak stock market ate into the value of securities held by its financial arm, but forecast a bigger-than-expected profit this year. It suffered an operating loss of $45 million in January through March, an improvement from a loss a year...                    

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Sony swings to profit from loss in January-March quarter on way to record year

iht.com     May 14, 2008          

Sony punctuated its recovery by swinging to a profit for the January-March quarter from a loss a year ago on its way to a record performance for a fiscal year as it reduced losses from its PlayStation 3 video game business. Strong sales of flat panel TVs and digital cameras also helped nearly...                    

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Sony post 4Q profit, smaller PlayStation 3 loss

signonsandiego.com     May 14, 2008          

TOKYO – Sony swung to a profit of $277 million for its fourth fiscal quarter on Wednesday, a reversal from from a year ago as losses dwindled for its struggling PlayStation 3 video game business and it got a lift from property sales. Tokyo-based Sony Corp. earned 29 billion yen in the...                    

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Sony has 4Q profit, but expects decline this year

nwsource.com     May 14, 2008          

By YURI KAGEYAMA AP BUSINESS WRITER People walk by a corporate sign of Sony Corp. in Tokyo, 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...                    

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Sony has 4Q profit, but expects decline this year

wtop.com     May 14, 2008          

People walk by a corporate sign of Sony Corp. in Tokyo, 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 flat panel TVs and digital...                    

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Sony Looking To Make Amends For Surprise Stumble

forbes.com     May 14, 2008          

HONG KONG - Following disappointing results from Toyota and Nissan earlier in the week, Sony reported an unexpected quarterly loss on Wednesday, offering further confirmation that Japanese exporters are suffering from the slowdown in the U.S. economy. But the conglomerate reassured markets that...                    

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Sony has 4Q profit, but expects decline this year

examiner.com     May 14, 2008          

May 14, 2008 10:15 AM (13 mins ago) By YURI KAGEYAMA, AP » 13 mins ago: Sony has 4Q profit, but expects decline this year « (AP Photo/Shizuo Kambayashi) People walk by a corporate sign of Sony Corp. in Tokyo, Japan, Wednesday, May 14, 2008. Sony marked a strong recovery in the fiscal year through...                    

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