Feeds

Sony posts big Q4 loss, blames PS3

But future's bright

Top three mobile application threats

Sony today reported widening losses for Q4, blaming reduced sales of its last-generation PS2 games console and costs associated with the launch of the PS3.

The electronics and games industry giant booked operating losses of 113.4 billion yen (£475m) for January-March, compared with a loss of 51.9 billion yen (£217m) for the previous Q4.

The annual operating profit for the year ending 31 March was 71.75 billion yen (£300m). Revenue was up just over 10 per cent at 8.3 trillion yen (£34.7bn). Joint venture phone maker Sony-Ericsson performed well.

The firm issued a bullish forecast for the coming year, predicting operating profits of 440 billion yen (£1.84bn). Sony expects to reduce the cost of manufacturing PS3s, and to make LCD televisions more cheaply. The forecast also included 59 billion yen (£247m) to be gained from sales of land, which could account for it being higher than analysts' predictions. ®

Securing Web Applications Made Simple and Scalable

More from The Register

next story
Yorkshire cops fail to grasp principle behind BT Fon Wi-Fi network
'Prevent people that are passing by to hook up to your network', pleads plod
Auntie remains MYSTIFIED by that weekend BBC iPlayer and website outage
Still doing 'forensics' on the caching layer – Beeb digi wonk
Major problems beset UK ISP filth filters: But it's OK, nobody uses them
It's almost as though pr0n was actually rather popular
Microsoft unsheathes cheap Android-killer: Behold, the Lumia 530
Say it with us: I'm King of the Landfill-ill-ill-ill
All those new '5G standards'? Here's the science they rely on
Radio professor tells us how wireless will get faster in the real world
Apple orders huge MOUNTAIN of 80 MILLION 'Air' iPhone 6s
Bigger, harder trouser bulges foretold for fanbois
US freemium mobile network eyes up Europe
FreedomPop touts 'free' calls, texts and data
Oh girl, you jus' didn't: Level 3 slaps Verizon in Netflix throttle blowup
Just hook us up to more 10Gbps ports, backbone biz yells in tit-for-tat spat
prev story

Whitepapers

Designing a Defense for Mobile Applications
Learn about the various considerations for defending mobile applications - from the application architecture itself to the myriad testing technologies.
How modern custom applications can spur business growth
Learn how to create, deploy and manage custom applications without consuming or expanding the need for scarce, expensive IT resources.
Reducing security risks from open source software
Follow a few strategies and your organization can gain the full benefits of open source and the cloud without compromising the security of your applications.
Boost IT visibility and business value
How building a great service catalog relieves pressure points and demonstrates the value of IT service management.
Consolidation: the foundation for IT and business transformation
In this whitepaper learn how effective consolidation of IT and business resources can enable multiple, meaningful business benefits.