Sony's profits triple despite poor gaming division

By Justin Mann on May 14, 2008, 7:15 PM
Sony's slow console sales and dismal gaming division performance has not slowed the company down as a whole, with the company posting a record high profit for the past year. Sony's net profit has done a massive tripling, largely due to huge sales in the digital camera and laptop markets.

Other aspects of the company helped profit too, such as them selling off or shutting down parts of the business that weren't “core”, a common tactic that many large companies take. Given that the PS3's manufacturing costs have gone down since release and will continue to do so most likely, next year may be a different story for the PS3.

User Comments: 5

Got something to say? Post a comment
mirob said:
I avoid Sony as much a possible.
BMfan said:
sony's great if you can't afford high end sound
gamerguy53 said:
[b]Originally posted by mirob:[/b][quote]I avoid Sony as much a possible.[/quote]so do I
Whats pretty sad is that us americans will avoid companies based on their rep, but In japan and basically most asians, They avoid Microsoft and American companies because... "Their not asians companies" how cheap and pussy is that.
Same exact thing goes for cars and most other industries...
Load all comments...

Add New Comment

TechSpot Members
Login or sign up for free,
it takes about 30 seconds.
You may also...
Get complete access to the TechSpot community. Join thousands of technology enthusiasts that contribute and share knowledge in our forum. Get a private inbox, upload your own photo gallery and more.