Sony's earnings beat estimates for 4th quarter
Article Abstract:
Sony Corp. reported profits that were higher-than-expected for the 1999 fourth-quarter. The company posted a 17% drop in net income to 94 billion yen (885.8 million euros) for the period.
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2000
User Contributions:
Comment about this article or add new information about this topic:
Sharp Tries To Spark Growth In Flat TV Sets
Article Abstract:
Japan's Sharp Corp. will expand its production of liquid crystal display television operations. The strategy, which will capitalize on growing demand for flat-panel television sets, involves a 40% expansion of LCD units.
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2000
User Contributions:
Comment about this article or add new information about this topic:
Sony's income plummets 55% amid rising yen
Article Abstract:
Sony Corp. posted a decline of 55% in its profits for the quarter between April and June 1999. The company was hurt by strengthening of the Japanese yen and by tighter electronic product margins. Sony posted 18.4 billion yen (149 million euros) for the quarter. The company also reported a 8.4% decline in sales to 1.48 trillion yen. Sony believes that the higher Japanese yen was the main reason for the company's poor quarterly profits.
Comment:
Posts decline of 55% in profits for quarter between April and June 1999
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 1999
User Contributions:
Comment about this article or add new information about this topic:
- Abstracts: PepsiCo earnings beat forecasts in third quarter. PepsiCo Juices Up Its Profits. Coca-cola unveils substantial shake-up
- Abstracts: Coping with surpluses. Confusing curves
- Abstracts: Pearson to pay $477 million for education site eCollege. Reed Elsevier shares jump 16%. Pearson share placement raises 410 million euros
- Abstracts: Sberbank investors demand meeting to fight stock sale. Schroeder Plans Effort To Save Holzmann. Holzmann holder backs ouster of board member
- Abstracts: AOL Europe scores in Germany: lower prices draw more customers. Start-ups' ad blitz didn't dent traffic at top dot-coms