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Sony sees record net profit in past fiscal year - Summary

Tokyo - Sony Corp said Wednesday that its net profit nearly tripled to a record in the past fiscal year, which ended in March, as its operating profit rose fivefold from the year before, thanks to brisk sales of liquid crystal display televisions, digital cameras and personal computers. Net profit for the Japanese home electronics company rose to 369.44 billion yen (3.55 billion dollars) from 126.3 billion yen, beating estimates, while its operating profit, which is a company's earning minus interest payments and taxes, surged to 374.5 billion yen from 71.8 billion yen.

GameStop profit more than doubles

said its first-quarter profit more than doubled as sales increased sharply. The company also raised its fiscal 2008 earnings forecast to a range of $2.30 to $2.39 a share. GameStop said its earnings in the latest three months were $62.1 million, or 37 cents a share, compared with a profit of $24.7 million, or 15 cents a share. The figure in the latest quarter includes debt extinguishment expense of 1 cent a share. Sales climbed 42% to $1.81 billion. Analysts polled by FactSet Research expected a profit of 34 cents a share on sales of $1.72 billion. In the second quarter, GameStop expects to earn 26 to 28 cents a share, ahead of the average analyst estimate of 24 cents a share. End of Story

Sony Posts Q4 Profit, Eyes Weaker Year Ahead

Sony is forecasting lower profit for its current fiscal year, which ends in March 2009, citing an unfavorable currency swing expected in the months ahead. The company expects its profit to drop about 22 percent for the year.

Sony Reports 4Q Profit

For the fiscal fourth quarter 2008, Sony posted a profit of 29 billion yen (approx. $277 million), a reversal from a loss of 67.6 billion yen in the same period last year. For the financial year through March, Sony earned a profit of 369.4 billion yen ($3.5 billion), a record for the company.

Sony sees record net profit in past fiscal year

Tokyo - Sony Corp said Wednesday that its net profit nearly tripled to a record in the past fiscal year, which ended in March, as its operating profit rose fivefold from the year before, thanks to brisk sales of liquid crystal display televisions, digital cameras and personal computers.

Sony to post big operating profit gain in fiscal 07: Nikkei

is expected to report a 430% rise in group operating profit for the financial year ended March 31, helped by strong demand for digital cameras and other electronics, according to a Japanese media report. The electronics giant will reap the benefits of its strategy to focus on Bravia liquid-crystal display televisions and the PlayStation 3 game console, as an expected 60% and 170% rise in sales in these respective categories should lift group operating profit to 380 billion ($3.6 billion) yen, the Nikkei newspaper reported Friday without saying where it got the information. Sony's group wide sales are expected to rise 8% to 8.98 trillion yen, the report said. Sony is due to report results for the 2007 fiscal year May 14. End of Story

Sony's Profit Falls, Raises '08 Profit Forecast

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Q1 profit at Buy.com rises 138%

First quarter profit at consumer electronics and entertainment online retailer Buy.com rose 138% to $1.4 million compared to $568,000 a year earlier.

Matsushita profit surges on sales of cell phones, TVs

Article:Matsushita profit surges on sales of cell phones, TVs:/n/a/2008/04/28/financial/f041039D99.DTL

Sony Full Year Profit, Revenues Rise

Sony profit exceeded the company’s forecast for the fiscal year ended March 31 thanks to the sale of buildings, chip-making assets and shares of its financial unit, as well as reduced PlayStation 3 manufacturing costs.

Sony profit to quintuple

Sony's operating profit likely jumped more than fivefold to 380 billion yen ($3.8 billion) on strong sales of digital cameras in the year just ended, but it missed the company's forecast by 30 billion yen, the Nikkei business daily reported.

Cisco profit beats subdued expectations

Cisco Systems Inc.'s profit fell 5 percent in its fiscal third quarter but beat Wall Street's expectations, a sign the turbulent U.S. economy didn't rattle the world's largest networking equipment maker as hard as expected.

Sony profit quintuples on strong camera sales

TOKYO - Sony Corp's operating profit likely jumped more than fivefold to ¥380 billion ($3.8 billion) on strong sales of digital cameras in the year just ended, but it missed the company's forecast by ¥30 billion, the

Matsushita profit surges on sales of cell phones, TVs

Japanese electronics maker Matsushita's profit more than doubled in the January-March quarter, buoyed by strong sales of cell phones, flat-panel TVs and DVD players, the company said Monday.

Matsushita profit surges on sales of cell phones, TVs

Japanese electronics maker Matsushita's profit more than doubled in the January-March quarter, buoyed by strong sales of cell phones, flat-panel TVs and DVD players, the company said Monday.

Matsushita profit surges on sales of cell phones, televisions

TOKYO - Japanese electronics maker Matsushita's profit more than doubled in the January-March quarter, buoyed by strong sales of cell phones, flat-panel TVs and DVD players, the company said Monday.

Matsushita profit surges on sales of cell phones, TVs

TOKYO - Japanese electronics maker Matsushita's profit more than doubled in the January-March quarter, buoyed by strong sales of cell phones, flat-panel TVs and DVD players, the company said Monday.

Matsushita profit surges on sales of cell phones, TVs

TOKYO - Japanese electronics maker Matsushita's profit more than doubled in the January-March quarter, buoyed by strong sales of cell phones, flat-panel TVs and DVD players, the company said Monday.

Matsushita Profit Surges on Sales of Cellphones and TVs

TOKYO (AP) -- Japanese electronics maker Matsushita's profit more than doubled in the January-March quarter, buoyed by strong sales of cellphones, flat-panel TVs and DVD players, the company said Monday.

Sony profit triples to reach record high

Japan¡¦s Sony Corp said yesterday its annual net profit almost tripled to hit a record high as brisk sales of digital cameras and laptop computers offset continued losses from the PlayStation 3.

HMV profit up on computer game sales

LONDON: HMV met forecasts with a 25 percent rise in annual profit, boosted by computer games where it said it was continuing to take market share, but its stock fell on mounting gloom over consumer spending.

Sanyo Reports First Profit in 4 Yrs.

The net profit for the year, ended March 31, was $277.6 million, a recovery of $716.8 million over the previous fiscal year’s loss.

Sony profit rises on asset, stock sell-off

Sony Corp, the world's second-largest consumer-electronics maker, reported profit rose more than it projected after selling buildings, chip-making assets and shares of its financial unit.

Electronic Arts profit outlook disappoints

issued an annual profit outlook on Tuesday that fell short of Wall Street forecasts as a drive to improve quality jacked up costs. Its shares fell 3.7 percent.

Electronic Arts Profit Outlook Disappoints

issued an annual profit outlook on Tuesday that fell short of Wall Street forecasts as a drive to improve quality jacked up costs. Its shares fell 3.7 percent.

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