Sony  profits down as rivals up
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The electronics giant reports a fall in profits at the same time as rivals Matsushita and Canon see their profits increase.
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Bristol-Myers Squibb Co.  on Friday said quarterly profit fell 16 percent on special charges and lower U.S. sales amid competition from rival brands and cheaper generics.
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Sony Corp. 6758.T shares fell as much   as 2.6 percent on Thursday, hit by another delay in the launch   of its PlayStation 3 game console, but outperformed sector   peers and the broader market by the end of the day as investors   weigh the likely impact of the delay.
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Bristol-Myers Squibb Co. BMY.N on  Friday reported a lower third-quarter profit as U.S. sales fell  amid competition from rival brands and cheaper generics and the  company took a number of special charges.
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Sony Corp swung to a quarterly operating profit as it booked strong sales of liquid crystal display TVs and digital cameras and benefited from a weaker yen, and it raised its full-year forecast by 2 percent.
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Mobile phone giant Vodafone posts a slight dip in annual profits as it battles tough competition in Europe.
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Sony Corp. 6758.T shares opened 2.38   percent lower at 4,930 yen on Thursday after it said it would   delay the European launch of its PlayStation 3 (PS3) game   machine to March from November, missing the holiday shopping   season in a key market.
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The company has signalled profits of between Â£285 million and Â£295 million, down on Â£311 million a year ago, following a poor run of sales.
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Sony reported a 25.2 percent jump in profit for the October-December quarter Thursday as its PlayStation video game business stopped losing money after six straight quarters of losses.
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Japan's Nikkei average opened 0.43  percent lower on Thursday as investors took profits in Sony  Corp. and other exporters that had risen in the previous three  sessions.
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Sony Corp, the world&#39;s second-biggest consumer electronics maker, takes on rival Nintendo Co with the introduction of a hand-held game console to revive flagging profit at its games unit.
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Sony cuts full-year forecast by 3%, Matsushita warns on effects of high oil prices and competition. TOKYO  - Sony Corp. Thursday reported a quarterly profit gain thanks to the &quot;Spider-Man 2&quot; hit movie
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Sony Corp.  shares fell to a 2-1/2-month low on Monday after Toshiba Corp.  and Fujitsu Ltd.  joined the list of PC makers recalling Sony-made batteries, increasing potential damage to its earnings.
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Sony Corp. posted a 13 percent drop in quarterly profit on Thursday due to sliding prices of TVs, DVD recorders and video cameras and its failure to overtake Apple Computer's iPod in the portable audio market.
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Sony says its net profit is up 25 percent; PS3 sales are up, but still behind plan.
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Mobile phone maker Sony Ericsson Mobile Communications AB said on Wednesday fourth-quarter profit fell almost 17 percent as higher costs more than offset the effect of a rise in shipments.
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Sony Corp., the Japanese electronics and entertainment giant. said Thursday that its profit jumped 61.6 percent in the latest quarter on improved profitability in its mobile phone