Sony Sees Sharp Drop in Operating Profit Even Under Favorable Scenario

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Sony’s net profit fell 86% in the January-March quarter compared with a year earlier

Sony Corp. said it expected operating income to fall by at least 30% in the current fiscal year assuming that business operations return to normal by the end of the year, citing slower sales of electronics and life insurance.

The Tokyo company reported a bright spot in its image-sensor business, which supplies parts for cameras in phones made by Apple Inc., Huawei Technologies Co. and others. Resilient demand for smartphones with new fifth-generation wireless technology helped sales in that business rise 20% in the January-March...

Source: News Formal (newsformal.com)

 

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ScarlettNe0

hobby_consolas VandalOnline 3djuegos MeriStation Kotaku It is time to make apocalyptic notes and this is worrying!

Sony has always had false propaganda and business deception, but they have to be honest with their financial revenue

HAHAHAHAHAHAHAHAHAHAHAH

PS5 $600

whos rocking the fresh breds

Nikkei225 EPS is falling now Very expensive shopping 5/13 PER 23.74 EPS 853.71 5/12 PER 18.64 EPS 1092.62

so, let's extrapolate and figure just how brutal Chinese manufacturing will become when you tally not just the CV direct impact, but the sucking sound the business leaving will make. On the bright side, US and Mexico will likely be the only growth stories for the next 50 yrs

Wonder why?

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