Newsvine
  • Welcome
  • Help
  • Report Bug
  • Conversation Tracker
  • Your Column
  • Replies
  • Friends
Type Comments Since You Last CheckedArticle Source Last Checked Stop Tracking All Clear Tracking All
advertisement
Log In | Register
Close the Login Panel
Existing users log in below. New users please register for a free account.

New Users:

Existing Users:

E-Mail:
Password:
Forgot Password?
Please enter the e-mail address or domain name you registered with:
E-Mail/Domain:
Back to Login
Log Out
  • Top News
  • Local News
  • World
  • U.S.
  • Sports
  • Politics
  • Tech
  • Entertainment
  • Science
  • Business
  • Health
  • Odd News
  • More
    • Arts
    • Education
    • Environment
    • Fashion
    • History
    • Home & Garden
    • Not News
    • Religion
    • Travel
Visit Jason Coleman's column >>

JASON COLEMAN

Home Page
A structural engineer with a love for tech, politics, science, and culture.
Articles Posted: 8  Links Seeded: 1601
Member Since: 1/2006  Last Seen: 8/04/2011

What is Newsvine?

Updated continuously by citizens like you, Newsvine is an instant reflection of what the world is talking about at any given moment.

Get a Free Account
Help
Fun Stuff
  • Your Clippings
  • Leaderboard
  • E-Mail Alerts
  • Top of the Vine
  • Newsvine Live
  • Newsvine Archives
  • The Greenhouse
  • Recommended Articles
  • Wall of Vineness
Put a Seed Newsvine link on your own site

Sony's Earnings Hit By Battery, Gaming Woes

Seeded on Tue Jan 30, 2007 3:47 PM EST
Read ArticleArticle Source: Ars Technica
business, earnings, sony, ps3, playstation, battery, recall, sony-ericsson, sony-electronics
Seeded by Jason Coleman
advertisement

The third quarter of fiscal year 2006 was a rough one for Sony, just as the company had warned. Overall, Sony saw earnings of ¥159.9 billion ($1.31 billion) on revenues of ¥2.607.7 trillion ($21 billion). Although revenues were up over the same quarter last year (¥2.375 trillion), net income declined 5.3 percent from last year's ¥168.9 billion ($1.39 billion) figure.

Sony laid the blame for the earnings shortfall primarily at the feet of Sony Computer Entertainment, the division responsible for consoles. SCE posted a ¥54.2 billion loss ($443 million) due to the costs associated with manufacturing and launching the PlayStation 3 along with lower sales of the PSP and price cuts on the PS2. Last year, SCE saw a ¥67.8 billion profit ($556 million).

  • Enjoy this article? Help vote it up the 'Vine.

Published to:

  • Jason Coleman's Column, All of Newsvine
  • Groups: none
  • Regions: none
  • Public Discussion (0)
Leave a Comment:
You're in Easy Mode. If you prefer, you can use XHTML Mode instead.
You're in XHTML Mode. If you prefer, you can use Easy Mode instead.
(XHTML tags allowed - a,b,blockquote,br,code,dd,dl,dt,del,em,h2,h3,h4,i,ins,li,ol,p,pre,q,strong,ul)
Newsvine Privacy Statement
As a new user, you may notice a few temporary content restrictions. Click here for more info.
FUN STUFF:
  • Leaderboard |
  • E-Mail Alerts |
  • Top of the Vine |
  • Newsvine Live |
  • Newsvine Archives |
  • The Greenhouse |
COMPANY STUFF:
  • Code of Honor |
  • Company Info |
  • Contact Us |
  • Jobs |
  • User Agreement |
  • Privacy Policy |
  • About our ads
LEGAL STUFF:
  • © 2005-2012 Newsvine, Inc. |
  • Newsvine® is a registered trademark of Newsvine, Inc. |
  • Newsvine is a property of msnbc.com