Sony's Sad Financials Sting

[fenghanshi]

October 26, 2006 - Sony reported its income for the fiscal period ended September 30, and as predicted times are hard for the company. Sony's net quarterly profit dropped to 1.7 billion yen (approx. $14.7 million US) from the 28.5 billion yen (approx. 241 million US) from the year earlier. On the upside, overall revenue for the quarter rose 8 percent to 1.85 trillion yen (approx. $16 billion) from the 1.7 trillion yen (approx. $14 billion US) from the same time a year earlier.


Sony Corp.'s Executive Vice President and Chief Financial Officer Nobuyuki Oneda has a bad day.

Thanks to http://ps3.ign.com/articles/742/742102p1.html for sharing the news with us!

[NiNJA]

October 26, 2006 - Sony reported its income for the fiscal period ended September 30, and as predicted times are hard for the company. Sony's net quarterly profit dropped to 1.7 billion yen (approx. $14.7 million US) from the 28.5 billion yen (approx. 241 million US) from the year earlier. On the upside, overall revenue for the quarter rose 8 percent to 1.85 trillion yen (approx. $16 billion) from the 1.7 trillion yen (approx. $14 billion US) from the same time a year earlier.


Sony Corp.'s Executive Vice President and Chief Financial Officer Nobuyuki Oneda has a bad day.

Thanks to http://ps3.ign.com/articles/742/742102p1.html for sharing the news with us!

http://www.gamespot.com/news/6160667.html

Gamespot also talks about Sony's situation.