Sony to Post Profit -- Nikkei

Maybe finally this can stop the Sony/PS3/PSP doomed threads lol:

Nikkei reports today that Sony will be posting an operating profit of between 10 billion and 30 billion yen over the April through June quarter. The company posted a 25.7 billion yen loss in the same period the year before.

As contributors to the turnaround, the site lists strong sales of product in China, strong performance of new SLR camera models, and strong performance both domestic and abroad for LCD televisions.

It looks like video games contributed as well. Nikkei states that Sony's games and mobile division reached profitability for the quarter thanks to cost-cutting measures.

The Japanese language Nikkei report can be foundhere(free registration required).

Source

In converting Yen to U.S. Dollars:

Last year:

25.7 billion yen (US$316,119,782.81) loss

This year:

Between 10 billion yen (US$114,136,398.60) to 30 billion yen (US$342,409,195.79) profit

Maybe finally this can stop the Sony/PS3/PSP doomed threads lol:

Nikkei reports today that Sony will be posting an operating profit of between 10 billion and 30 billion yen over the April through June quarter. The company posted a 25.7 billion yen loss in the same period the year before.

As contributors to the turnaround, the site lists strong sales of product in China, strong performance of new SLR camera models, and strong performance both domestic and abroad for LCD televisions.

It looks like video games contributed as well. Nikkei states that Sony's games and mobile division reached profitability for the quarter thanks to cost-cutting measures.

The Japanese language Nikkei report can be foundhere(free registration required).

Source

Kashiwaba

Yeah, they've turned things around.

I'm not really into sales really, but good news for the company.

Sony couldnt stay in the red forever. the ps3 is a good console after years of tripping up. I just dont think it can be overlooked that they have been toppled as the industry standard for gaming.

Sony is finally making bank.

[QUOTE="Kashiwaba"]

Maybe finally this can stop the Sony/PS3/PSP doomed threads lol:

Nikkei reports today that Sony will be posting an operating profit of between 10 billion and 30 billion yen over the April through June quarter. The company posted a 25.7 billion yen loss in the same period the year before.

As contributors to the turnaround, the site lists strong sales of product in China, strong performance of new SLR camera models, and strong performance both domestic and abroad for LCD televisions.

It looks like video games contributed as well. Nikkei states that Sony's games and mobile division reached profitability for the quarter thanks to cost-cutting measures.

The Japanese language Nikkei report can be foundhere(free registration required).

Source

TwistedClownPS3

1. Launch PS3

2. ???

3. Profit

...:P

Good news for Sony... after things turned for the better for us gamers with more quantity in quality exclusives & PSN service getting better, seems like things will get better for Sony by actually starting to make profit..

Since when was Sony not making profit? It's not like the PS3 is the only thing they produce.

Bout damn time :|.

Really though, this is good news :). Don't know what else to say other than that.

EDIT: Whenever my family invests into a 3D HDTV, it'll be a Bravia most likely. So, Sony, when you're losing and making money, I'll be a customer (only with the good products though!).

so now its news that sony is not loosing money from ps3 and psp

that is just screaming success

Maybe finally this can stop the Sony/PS3/PSP doomed threads lol:

Nikkei reports today that Sony will be posting an operating profit of between 10 billion and 30 billion yen over the April through June quarter. The company posted a 25.7 billion yen loss in the same period the year before.

As contributors to the turnaround, the site lists strong sales of product in China, strong performance of new SLR camera models, and strong performance both domestic and abroad for LCD televisions.

It looks like video games contributed as well. Nikkei states that Sony's games and mobile division reached profitability for the quarter thanks to cost-cutting measures.

The Japanese language Nikkei report can be foundhere(free registration required).

Source

Kashiwaba