Tuesday, 27 July 2010

Sony Expect Profit In Q2 Of 2010

According to Japanese business newspaper Nikkei, Sony is expected to post an operating profit of between 10-30 billion yen for the first quarter of their 2010 financial year. This is in contrast to the same period last year where Sony experienced an operating loss of 25.7 billion yen, mostly due to a decline in revenue from their games and Vaio brand divisions.

The company’s first quarter financial results are due for release on July 29th where we will be able to see how much of an upturn their profits have taken for definite.

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