Feeds

PlayStation and consumer electronics do better for Sony

But the real money is in action films

  • alert
  • submit to reddit

Intelligent flash storage arrays

Sony has narrowed losses at its consumer electronics business and PlayStation division.

Overall it has reported strong Q4 profits, but this is because of top arty martial arts flick Crouching Tiger, Hidden Dragon, and the less good movie Charlie's Angels

Group net income for the three months to 31 March was 15.8 billion yen ($130 million).

Sony's results last Q4 were spoiled by losses at its consumer electronics business and PlayStation operation. But Q4 at the game unit was better this year with sales leaping 24.7 per cent to 191.4 billion yen ($1.54 billion) and operating losses slimming down 37 per cent to 16.2 billion yen ($130.7 million).

Sony's electronics unit saw Q4 operating losses reduce to 8.9 billion yen ($71.8 million), from 24.8 billion yen ($200 million). Sales at the unit, which makes Vaios as well as TVs, and hi-fis, rose 22.3 per cent to 1.4 trillion yen ($11.3 billion). This division accounted for 76 per cent of sales in fiscal 2000.

Group net income fell to 16.7 billion yen ($134.87 million) in the year, from 121.8 billion yen ($980 million) a year earlier. This was down to a one off charge complying with US TV and film advertising rules. Sales rose 9 per cent to 7.3 trillion yen ($58.96 billion). ®

Top 5 reasons to deploy VMware with Tegile

More from The Register

next story
WHY did Sunday Mirror stoop to slurping selfies for smut sting?
Tabloid splashes, MP resigns - but there's a BIG copyright issue here
Spies, avert eyes! Tim Berners-Lee demands a UK digital bill of rights
Lobbies tetchy MPs 'to end indiscriminate online surveillance'
How the FLAC do I tell MP3s from lossless audio?
Can you hear the difference? Can anyone?
Inequality increasing? BOLLOCKS! You heard me: 'Screw the 1%'
There's morality and then there's economics ...
Google hits back at 'Dear Rupert' over search dominance claims
Choc Factory sniffs: 'We're not pirate-lovers - also, you publish The Sun'
EU to accuse Ireland of giving Apple an overly peachy tax deal – report
Probe expected to say single-digit rate was unlawful
While you queued for an iPhone 6, Apple's Cook sold shares worth $35m
Right before the stock took a 3.8% dive amid bent and broken mobe drama
prev story

Whitepapers

A strategic approach to identity relationship management
ForgeRock commissioned Forrester to evaluate companies’ IAM practices and requirements when it comes to customer-facing scenarios versus employee-facing ones.
Storage capacity and performance optimization at Mizuno USA
Mizuno USA turn to Tegile storage technology to solve both their SAN and backup issues.
High Performance for All
While HPC is not new, it has traditionally been seen as a specialist area – is it now geared up to meet more mainstream requirements?
Beginner's guide to SSL certificates
De-mystify the technology involved and give you the information you need to make the best decision when considering your online security options.
Security for virtualized datacentres
Legacy security solutions are inefficient due to the architectural differences between physical and virtual environments.