Thursday, January 29, 2009

Crisis suffering: Sony's quarterly revenue fall down up to 95%

TOKYO Sony corp. are said that this Thursday they have net profit faller with 95%.they also said that they had poor sales of TVs in october-December.
And also the industries of Japanese electronics icon are said that they had also profit go downwards to 10.4 billion yen from 200.2 billion yen a year. Revenues fell 25% to 2.15 trillion yen from 2.86 trillion yen.


Sony has constantly counsel of its worried finances over the past few weeks and the dreary figures were in line with analysts; calculation.          
This company annoused there loss it loss are very big loss ever his in 14 years. This reports are showed that they had damage is greatest at its core electronics divisions which accounts for over half of its total revenues and makes the brands for which it is best known – from walkman music players to Briva TV sets.
For this part they have so suffering and save his best & dependable source of profits they have loss 15.9 billion yen operating. This period take account of the key holiday shopping season generally an advantage for electronics sales.
This company is so much loss down to the poor performance of its mobile phone joint venture with Sony Ericsson. Sony has announced some restructuring measures, counting cutting 8,000 of its 185,000 jobs approximately the world and shuttering five or six plants about 10 percent of its 57 factories.

But Chief Executive Howard Stringer told reporters a week ago that he had not gone far enough with cut costs and would work harder to combine the company's diverse businesses. At that time, Sony said that for the full year, it would slide into 150 billion yen net loss from 369.4 billion yen profit the previous year.

No comments:

Post a Comment