Featured Articles

Analysts expect ARM to do well next year

Analysts expect ARM to do well next year

British chip designer ARM could cash in on the mobile industry's rush to transition to 64-bit operating systems and hardware.

More...
Huawei and Xiaomi outpace Lenovo, LG in smartphone market

Huawei and Xiaomi outpace Lenovo, LG in smartphone market

Samsung has lost smartphone market share, ending the quarter on a low note and Xiaomi appears to be the big winner.

More...
Intel Broadwell 15W coming to CES

Intel Broadwell 15W coming to CES

It looks like Intel will be showing off its 14nm processors, codenames Broadwell, in a couple of weeks at CES 2015.

More...
Gainward GTX 980 Phantom reviewed

Gainward GTX 980 Phantom reviewed

Today we’ll be taking a closer look at the recently introduced Gainward GTX 980 4GB with the company’s trademark Phantom cooler.

More...
Zotac ZBOX Sphere OI520 barebones vs Sphere Plus review

Zotac ZBOX Sphere OI520 barebones vs Sphere Plus review

Zotac has been in the nettop and mini-PC space for more than four years now and it has managed to carve…

More...
Frontpage Slideshow | Copyright © 2006-2010 orks, a business unit of Nuevvo Webware Ltd.
Wednesday, 02 November 2011 12:25

Sony slashes outlook

Written by Nick Farell

sony

Thai floods disrupt camera production

Sony slashed its full-year operating profit outlook by 90 percent as Thai floods disrupted camera production.

The floods were another nail in the coffin for the company which is struggling with a high yen and sluggish television sales in the U.S. and Europe. That is even before the embarrissing hack of its Playstation network earlier this year.

Sony reduced its forecast for TV sales by almost a tenth to 20 million sets. It is the outfit's eighth straight annual loss in its TV division and the company is revamping the unit.

The revised forecast of 20 billion yen ($255 million) for the year ending in March compares with its previous estimate of 200 billion $2.5 billion in profit and market expectations of a 166 billion yen profit.


Nick Farell

E-mail: This e-mail address is being protected from spambots. You need JavaScript enabled to view it
blog comments powered by Disqus

 

Facebook activity

Latest Commented Articles

Recent Comments