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Sony claim record-breaking quarter

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Posted May 15, 2008 by admin in Industry

Sony has today announced that consolidated sales and net income for its financial 2007 (April 1, 2007 to March 31, 2008) broke company records. Consolidated operating income was more than five times higher than the year before, and the second highest in the company’s history. Sales of Bravia LCD televisions, VAIO PCs, and Cyber-shot digital cameras are the products that are selling best for Sony overall, while mobile phones and CRT televisions have seen a fall in sales…

Sony forecast that the games division would be back in the black in the next financial year due to hardware cost reductions and “an enhanced lineup of software titles in the PS3 business,” despite falling PS2 sales.

Sony believes it will sell a further 9 million PS2s, 15 million PSPs, and 10 million PS3s during its 2008 fiscal year, which began April 1. For games, it wouldn’t be drawn on its platform-specific projections, but said it believes it will sell 250 million units across the PS2, PS3, and PSP.



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