News tagged with sony operating loss
Sony more than doubles net loss forecast to $6.4 bn
Japan's Sony on Tuesday said it would book a net loss of about $6.4 billion in the year to March, more than double its previous forecast amid sweeping changes at the struggling electronics giant.
Apr 10, 2012 |
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Toshiba shares jump as it drops Japan TV operations
Toshiba shares surged almost six percent Thursday after saying it had stopped making televisions in Japan where a strong yen has hurt exports as slow demand and falling prices also ate into earnings.
May 17, 2012 |
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Panasonic loss balloons for record red ink
(AP) -- Panasonic's January-March losses ballooned 10-fold to 438 billion yen ($5 billion), completing a year of record red ink at the Japanese electronics maker battered by natural disasters and an ailing ...
May 11, 2012 |
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Sony reports record annual loss
(AP) -- Sony Corp. racked up a record annual loss of 457 billion yen ($5.7 billion) in its fourth straight year of red ink as the once-glorious maker of the Walkman and PlayStation struggles toward a turnaround ...
May 10, 2012 |
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Smartphones fuel Samsung profit to record
(AP) -- A surge in Galaxy smartphone sales fueled earnings at Samsung Electronics to a record high in the first quarter, usually a tough season for the global consumer electronics industry, outshining handset ...
Apr 27, 2012 |
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Apple's squeeze hits phone companies, competitors
(AP) -- Apple is set to report another record quarterly profit on Tuesday, continuing the relentless string of results that's made it the world's most valuable company. Those profits don't come out of thin air: A range of ...
Apr 23, 2012 |
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Sony to cut 10,000 jobs, turn around TV business
(AP) -- Faced with mounting losses, Sony Corp. said Thursday it will slash 10,000 jobs, or about 6 percent of its global workforce, and try to turn around its money-losing TV business over the next two years.
Apr 12, 2012 |
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Sony to axe 10,000 jobs worldwide: report
Sony will cut 10,000 jobs worldwide this year as it attempts to carry out sweeping reforms aimed at reviving the iconic but loss-making Japanese electronics giant, the Nikkei business daily said Monday.
Apr 09, 2012 |
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Nokia town faces dim future as jobs shift to Asia
(AP) -- Tomi Marjuaho repaired mobile phones for 10 years in the town of Salo in southern Finland, where Nokia, the world's top cell phone-maker, set up its wireless operations in the 1980s.
Apr 06, 2012 |
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Sony's Hirai refuses to abandon dire TV business
Struggling Japanese entertainment giant Sony will not abandon its cash-bleeding television business, its incoming CEO says, but he acknowledges tough decisions lie ahead including over redundancies.
Feb 10, 2012 |
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Hit by yen, Thai floods, Sony sees wider net loss
(AP) -- Battered by weak TV sales, a strong yen and production disruptions from flooding in Thailand, Sony Corp. on Thursday reported a net loss of 159 billion yen ($2.1 billion) for the October-December ...
Feb 02, 2012 |
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