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For the First time since 2008, Sony made a profit

This is a discussion on For the First time since 2008, Sony made a profit within the General PS3 Discussion forum, part of the Everything PlayStation; Sony's 2012 earnings show a net profit of $434 million, its first since 2008 We've already heard from Sony about ...

  1. #1
    INTJ
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    For the First time since 2008, Sony made a profit

    Sony's 2012 earnings show a net profit of $434 million, its first since 2008

    We've already heard from Sony about the positive effects some of its recent moves like the sales of several of its buildings are having on its finances, and now the company is revealing its detailed results for the last year. Sony has managed a net profit per share of 42.8 billion yen ($434 million) in 2012, its first in several years and a good sign after it projected such optimism in last year's results. The most anticipated news is what it projects for 2013, a year where CEO Kaz Hirai has promised better integration between its products and of course, the PlayStation 4. Sony's forecast projects sharply improved sales next year, however it expects the operating income to remain flat with a net profit of 50 billion yen ($506 million).

    For the year, its TV sales were down 38 percent, reflecting the same drop in the market reported by competitors like Samsung and LG, as well as Sony's cutbacks to reduce its losses. In phones, the newly-consolidated Sony Mobile experienced an increase in sales thanks to the shift to smartphones, however the cost of its inclusion cause the division to lose money. Next year, it's anticipating sales of 42 million smartphones, up from 33 million. In the games division, Sony had a decrease in sales for the PS3, PSP and PS Vita of 12.2 percent from last year, although of course it's counting on the PS4 to turn that around. There aren't any numbers listed for next-gen, but it's expecting sales of PS3 hardware to drop to 10 million units from 16.5 million (including the PS2) the year before. We'll have to wait for the earnings call later this morning to hear more of the company's future projections, for now you can check the links below for the full details on its results.



    There may be hope for sony after all


    now get your ass out of the gigantic hole you created. This is a equivalent of trying to fill it up with a handful of sand.

  2. #2
    Deathless Destroyer
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    Hmm, wonder how many PS4's will be bought the season it releases. Depending on the price I may or may not consider buying it.
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    Fight the Future
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    Quote Originally Posted by Ps360 View Post
    Sony's 2012 earnings show a net profit of $434 million, its first since 2008






    There may be hope for sony after all


    now get your ass out of the gigantic hole you created. This is a equivalent of trying to fill it up with a handful of sand.

    I think all the dirt from Nintendo digging their massive hole is being used to fill Sony's.



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