Sony Stories
Nikkei slips as exporters hit
Japan's Nikkei stock average fell 2.5 percent on Monday as exporters such as Sony Corp were hit by a stronger yen, while Panasonic Corp tumbled in the wake of a gloomy earnings forecast. Panasonic lost 7 percent after it forecast a bigger-than-expected annual loss following a record quarter of red ink battered by weak demand, price falls and restructuring costs.
Panasonic posts record loss, sees tough year
Japanese electronics maker Panasonic Corp forecast a bigger-than-expected annual loss after booking a record quarter of red ink battered by weak demand, price falls and hefty restructuring costs.
Panasonic posts record Q4 loss, sees tough year
Japanese electronics maker Panasonic Corp forecast a bigger-than-expected annual loss after booking a record quarter of red ink battered by weak demand, price falls and restructuring costs.
Panasonic posts annual loss, sees another tough year
Panasonic Corp reported an annual net loss on Friday, battered by weak demand, price falls and restructuring costs, and the Japanese electronics maker forecast a bigger-than-expected loss this year.
Sony shares rise after forecasts of smaller loss
Shares in Sony Corp gained 5 percent on Friday after the Japanese electronics maker forecast a smaller loss than expected for this year, showing it was making progress in its restructuring.
Sony eyes frail recovery
Sony Corp forecast a second straight year of losses as the global recession batters demand for consumer electronics but the Japanese company stopped short of taking any new aggressive steps to cut costs further.
Sony sees second straight loss, eyes frail recovery
Sony Corp forecast a second straight year of losses as the global recession batters demand for consumer electronics but the Japanese company stopped short of taking any new aggressive steps to cut costs further.
Sony reports loss, sees another year of red ink
Sony Corp reported a second straight quarterly loss hurt by a firmer yen, sluggish sales and restructuring costs, and it projected another year of red ink during which it will close eight factories worldwide.
Sony reports fourth-quarter loss, sees another year of red ink
Sony Corp reported a second straight quarterly loss hurt by a firmer yen, sluggish sales and restructuring costs, and it forecast a smaller-than-expected annual loss for the year ahead.
Sony Unveils its Walkman Video MP3 X-Series full features
Today, Sony introduced its new X-Series Walkman's full features with a portable audio/video and Wi-Fi enabled.
Nintendo sees slowdown ahead
Nintendo Co Ltd reported a 42 percent fall in quarterly operating profit as the yen's strength outweighed robust game sales, and the Japanese video game maker forecast a bigger-than-expected 12 percent profit decline this year, pressuring its shares.
Nintendo profit down 42 percent
Nintendo reported a 42 percent fall in quarterly operating profit as the yen's strength outweighed robust game sales, and the Japanese video game maker forecast a bigger-than-expected 12 percent profit decline this year, pressuring its shares.
Ericsson says Sony logical buyer for SE stake: report
Ericsson chief executive Carl-Henric Svanberg said partner Sony would be a logical buyer for Ericsson's half of handset making joint venture Sony Ericsson, the Financial Times reported on Thursday.
Ericsson first-quarter core profit weak
Swedish telecom gear maker Ericsson posted weaker-than-expected underlying earnings, hit by a slumping global mobile phone market and cutbacks in investments by operators.
Ericsson Q1 core profit weak
Swedish telecom gear maker Ericsson posted weaker-than-expected underlying earnings, hit by a slumping global mobile phone market and cutbacks in investments by operators.
Canon may post Q1 operating profit of Y30 bln: Nikkei
Japan's Canon Inc is expected to report an operating profit for the January-March quarter on brisk sales of single-lens reflex cameras and a weak yen, the Nikkei business daily reported without citing sources.
Global music sales down 8 percent in 2008: IFPI
Global recorded music sales fell by more than 8 percent in 2008 to $18.42 billion led by a sharp drop-off in sales in the United States, according to the world music trade body IFPI.
Music website MUZU signs Universal deal
MUZU.TV, an Irish-based video website which has won plaudits from the music industry for the way it pays artists when their music is played online, has signed a deal with the world's largest label Universal.
Penguin signs China e-book deal as sales rise in U.S.
Penguin Group has become the first international publisher to sign an English electronic book distribution deal in China after seeing significant growth in the United States, the head of the group said on Tuesday.
Music Web site MUZU signs Universal deal
MUZU.TV, an Irish-based video Web site which has won plaudits from the music industry for the way it pays artists when their music is played online, has signed a deal with the world's largest label Universal.
Sony Ericsson posts heavy Q1 loss, slashes jobs
Mobile phone maker Sony Ericsson said on Friday it plans to cut one in five jobs this year in its battle to return to profit as a sluggish market brought a hefty first-quarter loss, as expected.
Sony Ericsson says Android phone to take time
Sony Ericsson will take some time developing a phone using Google's Android operating system, its chief executive said on Friday, but declined to say when such a handset would be available.
Sony Ericsson posts Q1 loss, plans more cost cuts
Mobile phone maker Sony Ericsson said on Friday it would slash another 2,000 jobs this year to fight a slumping handset market as it posted a big first-quarter loss in line with expectations.
YouTube in Sony content deal, sees more
Google Inc's YouTube said on Thursday it has reached a deal to post Sony Corp films and TV shows and was talking with other big studios to ramp up content and attract more advertising dollars.
U.S. video games sales fall 17 percent in March: NPD
Overall U.S. video game sales fell 17 percent in March to $1.43 billion, research group NPD said on Thursday, a revealing figure for an industry that had so far shown resilience in the economic downturn.
Sony joins other studios in digital conversion deal
Sony Corp's Sony Pictures on Thursday became the sixth major studio to support a theater-chain upgrade to digitally convert 20,000 U.S. and Canadian cinema screens, at an estimated cost of more than $1 billion.
Sharp, Pioneer say to merge optical disc businesses
Japan's Sharp Corp and Pioneer Corp said they would set up a joint venture to merge their optical disc businesses, aiming to beef up one of their focus operations and take a leading position in the growing Blu-ray disc market.
Sony's PlayStation 3 sales out beat Wii and Xbox
For the first time in 16 months, PlayStation 3 outsold Nintendo Co Ltd's Wii and the Xbox 360 sales in March.
Sony PS3 outsells Nintendo Wii in March in Japan
Sony Corp's PlayStation 3 outsold Nintendo Co Ltd's Wii in March for the first time in 16 months in Japan thanks to hot new PS3 titles from Sega Sammy and Capcom , a game magazine publisher said.
Sony to slash PS 2 price to $99, PS3 price remains intact
Sony Computer Entertainment America said Tuesday it will cut the price of its PlayStation 2 game system by 23 percent to $99.99 as of April 1.