Newsletter

Newsletter TechSpot Poll

Get weekly updates on new articles, news and contests in your mail!

Email address:

IT

Sony's profits triple despite poor gaming division

By Justin Mann, TechSpot.com
Published: May 14, 2008, 7:15 PM EST
Sony's profits triple despite poor gaming division

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)

Post a comment
mirob
on May 15, 2008
12:46 AM
I avoid Sony as much a possible.

BMfan
on May 15, 2008
12:19 PM
sony's great if you can't afford high end sound

gamerguy53
on May 15, 2008
3:04 PM
Originally posted by mirob:
quote:
I avoid Sony as much a possible.


so do I

OUTLAWXXX
on May 19, 2008
8:55 PM
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.

OUTLAWXXX
on May 19, 2008
8:56 PM
Same exact thing goes for cars and most other industries...

Post a new comment