business

Sony doubles annual net profit forecast

4 Comments

The requested article has expired, and is no longer available. Any related articles, and user comments are shown below.

© 2013 AFP

©2021 GPlusMedia Inc.

4 Comments
Login to comment

They double profits...so what? They did it at the expense of "cutting thousands of jobs," selling off assets, and having a bit of luck with foreign exchange rates. This is not growth or in any way positive news for the thousands of people looking for jobs right now.

-2 ( +4 / -6 )

Good ! The start of Sony's new rise.

1 ( +3 / -2 )

Sony shouldn't put high expectations on their PS4....

-1 ( +2 / -3 )

Good ! The start of Sony's new rise.

Jozabad -- You might just want to temper that enthusiasm and look at the numbers before you jump on that bandwagon. The article says they sold off over $2.2 billion in real estate, plus a chemical division and their holdings in DeNA, yet they will only have a profit for the year of about $400 million. So their actual operations are losing well over $1.8 billion. Not sure that is the start of a "new rise".

2 ( +3 / -1 )

Login to leave a comment

Facebook users

Use your Facebook account to login or register with JapanToday. By doing so, you will also receive an email inviting you to receive our news alerts.

Facebook Connect

Login with your JapanToday account

User registration

Articles, Offers & Useful Resources

A mix of what's trending on our other sites