Sony Corp on Wednesday said quarterly operating profit jumped 16% on robust imag...
FILE PHOTO: A logo of Sony Corp is seen outside its headquarters in Tokyo, Japan, January 27, 2016. REUTERS/Yuya Shino
Operating income for the Japanese entertainment and electronics firm came in at 279 billion yen for the July-September quarter, above the 239.5 billion yen in the same period a year earlier. Sony raised its annual profit forecast to 840 billion yen from an earlier estimate of 810 billion yen. That was a tad under a consensus estimate of 848 billion yen from 23 analysts and somewhat below last year’s record profit of 894 billion yen.
Apple, for instance, added a third lens to the iPhone 11 Pro model, matching the three-camera setup on flagship models for rivals like Samsung Electronics Co Ltd and Huawei Technologies Co Ltd [HWT.UL].
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Sony to Shut Down PlayStation Vue Streaming TV ServiceSony said it plans to shutter its PlayStation Vue streaming television service early next year due to intensifying competition.
Read more »
Sony Pictures Leaps to $366 Million Profit in Second QuarterSony Pictures enjoyed a leap in operating profits in the second quarter of its fiscal year. The segment which includes film and TV operations showed a profit of £366 million. That compared with a $…
Read more »
Sony Film Unit Posts $366 Million Quarterly ProfitProfits at Sony Corp. were up 15 percent at $1.75 billion on the same quarter last year.
Read more »
Sony Pictures Promotes Kate Donnelly And Chris Liberge To SVPs Of Global Strategic Marketing And ResearchSony Pictures has promoted Kate Donnelly and Chris Liberge to Senior Vice Presidents of Global Strategic Marketing and Research. The duo will co-run Sony’s new group of global film-specific s…
Read more »
Sony to pull plug on Playstation VueSony Corp said on Tuesday it would shut down its cloud-based TV service PlayStat...
Read more »
Super Mario turbo-charges case for Sony breakupShares of $45 bln Nintendo have gained 30% this year, partly thanks to a mobile hit featuring its iconic plumber. A richer valuation should also be an inspiration to sprawling rival Sony. Separating its video-games and entertainment business could be one way to narrow the gap.
Read more »