Sony profits down as rivals up
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Electronics giant Sony has reported a fall in profits, in contrast to strong gains seen by Matsushita and Canon. Sony, which blamed a fall in sales of televisions and portable audio players, saw half-year
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Creative Technologies Ltd., whose range of MP3 players competes with Apple&#39;s iPod and similar products from Sony Corp., said Thursday that its net profit plunged 84 percent in the fiscal first quarter on investment losses and higher costs.
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The Sony Corporation warned that sales and profit would probably fall short of its forecasts because of declining prices for DVD recorders and video cameras.
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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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It&#39;s no secret that rivalry in consumer electronics is heating up, and today the Associated Press reported that Japan&#39;s Sony (NYSE: SNE) is &quot;more aggressively&quot; pursuing
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Mobile phone maker Sony Ericsson said 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. on Thursday reported a big boost in profits in the second quarter, due to the success of box office hit &quot;Spider-Man 2.&quot;.
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TOKYO -- Just when Sony appears to have turned around its electronics business, another part of its sprawling empire _ video games _ is dragging down profits.
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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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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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Japanese stocks edged lower by midsession  on Friday as selective stocks bounced back on bargain hunting,  cushioning selling of tech stocks triggered when Sony Corp. cut  its operating profit estimate.
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Shares in Japanese electronics maker Sony Corp. (6758.T: Quote, Profile, Research) edged down in Tokyo on Tuesday morning, reflecting doubts among investors over potential synergies
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By Kyodo News International, Tokyo  Jan. 31--TOKYO -- Sony Corp. expects losses in its game division to  expand by 20-40 billion yen from last October's estimate of a 200 billion yen  loss for the 2006 business year ending in March, company officials said  Wednesday.
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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
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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 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 slightly raised its full-year forecast.
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Bristol-Myers Squibb Co. BMY.N on  Friday said quarterly profit fell 16 percent on special charges  and lower U.S. sales amid competition from rival brands and  cheaper generics.