Karooo Posted January 28, 2010 Report Share Posted January 28, 2010 TOKYO, Jan 28 (Reuters) - Sony Corp will likely post an operating profit of about 100 billion yen ($1.1 billion) for the October-December quarter, helped by a recovery in its video game and LCD TV operations, the Nikkei newspaper said. While Sony has been widely expected to post its first profit in five quarters, the Nikkei's estimate is higher than the market consensus for an operating profit of 74.2 billion yen in a poll of 7 analysts by Thomson Reuters Sony has seen sales of its PlayStation 3 game console grow sharply after a price cut earlier last year. The video game business will post its first operating profit in four quarters in the October-December period, the Nikkei said. The electronics giant has also enjoyed strong sales of LCD TVs and payroll cuts and consolidation of facilities have helped that business return to the break-even level on an operating basis, the Nikkei said. http://www.reuters.com/article/idUSTOE60Q0B620100127 Link to comment Share on other sites More sharing options...
Aftrunner Posted January 28, 2010 Report Share Posted January 28, 2010 Wow 1 Bn yen. Thats almost like 30 USD. Link to comment Share on other sites More sharing options...
Buzz Posted January 28, 2010 Report Share Posted January 28, 2010 Wow 1 Bn yen. Thats almost like 30 USD. It's 100 billion yen Link to comment Share on other sites More sharing options...
Nemo Posted January 28, 2010 Report Share Posted January 28, 2010 Wow 1 Bn yen. Thats almost like 30 USD. why the hell you posted it so early i was sure some fool (or two) would have a wOOtjumpy by now after seeing the amount of zeroes that opportunity is gone now Link to comment Share on other sites More sharing options...
ARSC Posted January 28, 2010 Report Share Posted January 28, 2010 They lost alot of money in the start when playstation 3 came out awesome they getting it back. Link to comment Share on other sites More sharing options...
Karooo Posted January 28, 2010 Author Report Share Posted January 28, 2010 why the hell you posted it so early i was sure some fool (or two) would have a wOOtjumpy by now after seeing the amount of zeroes that opportunity is gone now lol what 1 billion yen is 11 million dollars, 10 billion yen is 110 million and 100 billion yen is 1.1 billion dollars. 1.1 billion is what sony made from oct to dec and thats a lot of money. Link to comment Share on other sites More sharing options...
Nemo Posted January 28, 2010 Report Share Posted January 28, 2010 ^^ hehe i know and kudos to sony for posting such good nos in hard times last fiscal year but i was hoping to see some one with a fanboi meltdown after seeing 100 billion written as profits Link to comment Share on other sites More sharing options...
Mel81x Posted January 28, 2010 Report Share Posted January 28, 2010 I'm guessing all the LCD and other electronics sales also helped this. Good to see people are still buying and keeping numbers up. Link to comment Share on other sites More sharing options...
Bulovski Posted January 28, 2010 Report Share Posted January 28, 2010 Karoo is to Sony like T90 is to war games(except MW2) Link to comment Share on other sites More sharing options...
Karooo Posted January 28, 2010 Author Report Share Posted January 28, 2010 Karoo is to Sony like T90 is to war games(except MW2) They can pump more money on 1st party AAA games secure 3rd party exclusives and much more Link to comment Share on other sites More sharing options...
Keyofx Posted January 28, 2010 Report Share Posted January 28, 2010 Ah, one of those threads only a rabid fanboy could have made Link to comment Share on other sites More sharing options...
Karooo Posted January 28, 2010 Author Report Share Posted January 28, 2010 Ah, one of those threads only a rabid fanboy could have made many people have made this thread in gamespot, GT etc and its on n4g as well, they are making profit after a long time. Link to comment Share on other sites More sharing options...
ΨΨ babloos ΨΨ Posted January 28, 2010 Report Share Posted January 28, 2010 i wonder how much profit did gaming division made Link to comment Share on other sites More sharing options...
Liquid ocelot Posted January 28, 2010 Report Share Posted January 28, 2010 So are MS in the green yet? Hehe...fanbois have posted this everywhere...it's almost as though,sony is going to give them a part of the money. Link to comment Share on other sites More sharing options...
Karooo Posted January 28, 2010 Author Report Share Posted January 28, 2010 So are MS in the green yet? Hehe...fanbois have posted this everywhere...it's almost as though,sony is going to give them a part of the money. you are a retard. sony doing well is good for the ps3 more money they have they can secure more exclusives. Link to comment Share on other sites More sharing options...
Bulovski Posted January 28, 2010 Report Share Posted January 28, 2010 So are MS in the green yet?Hehe...fanbois have posted this everywhere...it's almost as though,sony is going to give them a part of the money. now now - there's no reason to call these ppl fanbois. after all, highlighting mediocrity is how US became a superpower. Link to comment Share on other sites More sharing options...
Bulovski Posted January 28, 2010 Report Share Posted January 28, 2010 Waitamin waitamin - this is just quarterly stuff, right? And that too operating profit for the whole corporation? They are still scheduled to post a massive loss at the end of the FY. Just to put things in perspective Operating Profit for the year - Q1 (-268), Q2 (-362), Q3 (-60), Q4 (10.3). FY OP forecast (-685.9). Also, their revenue for Mar ending Qtr is supposed to dip by 28% as compared to Dec. This will make it on par with Q2, and slightly higher than Q1. Basically Sony's good fortune for this quarter is the holiday season. As a corporation they've managed to do well on the electronics. Let me see if i can get some divisional breakups - which will give an idea on how much their PS division will benefit. Link to comment Share on other sites More sharing options...
Karooo Posted January 28, 2010 Author Report Share Posted January 28, 2010 yeah they will post a slight loss overall this fiscal year, but they have turned it back well after the drubbing they got in 07 and 08. Link to comment Share on other sites More sharing options...
Karooo Posted January 28, 2010 Author Report Share Posted January 28, 2010 But it’s forecasting a 95 billion yen ($1 billion) loss for the fiscal year through March 2010, marginally better than the 98.9 billion yen loss it suffered the previous fiscal year. That was Sony’s first annual loss in 14 years. Link to comment Share on other sites More sharing options...
Gautam Posted January 28, 2010 Report Share Posted January 28, 2010 Waitamin waitamin - this is just quarterly stuff, right? And that too operating profit for the whole corporation? They are still scheduled to post a massive loss at the end of the FY. Just to put things in perspective Operating Profit for the year - Q1 (-268), Q2 (-362), Q3 (-60), Q4 (10.3). FY OP forecast (-685.9). Also, their revenue for Mar ending Qtr is supposed to dip by 28% as compared to Dec. This will make it on par with Q2, and slightly higher than Q1. Basically Sony's good fortune for this quarter is the holiday season. As a corporation they've managed to do well on the electronics. Let me see if i can get some divisional breakups - which will give an idea on how much their PS division will benefit. Way to go gramps . Just when the party was about to start.. Link to comment Share on other sites More sharing options...
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