Sony drops to $ 1.3 billion quarterly loss on PC expenses

Tags: Sony, Consumer
Sony Corporation sank to a 138 billion yen ($1.3 billion) quarterly loss because of expenses related to exiting the personal computer business.

The Tokyo-based maker of the PlayStation 4 game machine, Bravia TV and Walkman digital player also reported today a loss of 128.4 billion yen ($1.3 billion) for the fiscal year through March 2014.

It had recorded a 41.5 billion yen profit the previous fiscal year. For January-March last year, Sony had reported a 93 billion yen profit.

Earlier this month, Sony acknowledged it would end up with more red ink for the fiscal year than it had earlier forecast because of costs related to its Vaio PC operations and a drop in the value of its overseas disk manufacturing business.

Post new comment

E-mail ID will not be published
CAPTCHA
This question is for testing whether you are a human visitor and to prevent automated spam submissions.

EDITORIAL OF THE DAY

  • Neither secular nor socialist, India at 66 is back where it began

    The republic has entered its 66th year but the nation is more than just another year older.

FC NEWSLETTER

Stay informed on our latest news!

INTERVIEWS

GV Nageswara Rao

MD & CEO, IDBI Federal Life

Timothy Moe

Goldman Sachs

Chander Mohan Sethi

CMD, Reckitt Benckiser India

COLUMNIST

Arun Kumar Jain

Building great cities (and nations)

Fifteen to twenty years’ span is the time when humans ...

Kuruvilla Pandikattu SJ

Defining success differently

Researchers spent four decades studying a group of mathematically talented ...

Shona Adhikari

All roads lead to Delhi, as it gears up for art fair

With the seventh edition of India Art Fair (IAF) coming ...

INTERVIEWS

William D. Green

Chairman & CEO, Accenture