Juro Osawa, Reporter, The Wall Street Journal in News on May 26, 2011 at 2:30 am PT
Sony Corp. said Thursday that its net loss swelled in the fiscal fourth quarter due to a $4.4 billion write-down in deferred-tax assets, but it expects to return to the black this fiscal year after a three-year streak of net losses.
Juro Osawa, Reporter, The Wall Street Journal in News on May 23, 2011 at 2:48 am PT
After gauging the damage that the devastating March 11 earthquake and tsunami had on its operations, Sony Corp. said Monday that it expects to post a massive net loss for the just-ended fiscal year.
Daisuke Wakabayashi, Reporter, The Wall Street Journal in News on April 25, 2011 at 1:43 am PT
Nintendo Co. said Monday full-year net profit was down for the second straight year, damped by sluggish sales of its DS handheld game device and Wii home console. The company also said it plans in 2012 to launch a home console to replace the Wii.
Liz Gannes in Social on January 7, 2011 at 1:14 pm PT
Now that Facebook is giving itself permission to have 500 or more shareholders, given it expects to go public next year, the company’s acquisitions team may get the go-ahead in 2011 to pursue larger and more complicated deals.
John Paczkowski in News on July 7, 2010 at 4:55 am PT
Microsoft’s new fiscal year began on July 1, and the company is reportedly ringing it in with a new round of job cuts. Sources familiar with the matter tell TechFlash that Redmond will sack some employees as early as this week–perhaps as soon as today.
John Paczkowski in Mobile on March 1, 2010 at 5:21 am PT
When Apple’s new iPad slate begins to arrive at market later this month, limited availability may leave some early adopters empty-handed–assuming it goes on sale this month at all. In a research note this morning, Canaccord Adams analyst Peter Misek says he has heard rumblings that production issues at Apple’s manufacturing partners may keep the company’s iPad in short supply when it first goes on sale.
John Paczkowski in Mobile on February 26, 2010 at 8:05 am PT
Will lousy brand awareness be Palm’s Waterloo? With weaker than expected launches of the Pre and Pixi at new carrier partner Verizon, it’s beginning to look like it. Certainly, Palm’s leadership appears to believe that insufficient carrier support is largely to blame for its current woes.
John Paczkowski in News on February 25, 2010 at 7:00 am PT
So much for Palm’s big recovery. This morning, the company lowered its fiscal-year revenue forecast and warned of a grotesque 30 percent shortfall in its current quarter. Palm expects third-quarter revenue to be between $285 million and $310 million–significantly less than the $425.4 million analysts had been expecting.
Peter Kafka in Media on February 1, 2010 at 11:57 am PT
DVD sales are collapsing, nearly as quickly as music sales did over the last decade. Just ask MGM, which saw sales drop off a very steep cliff in just a couple of years. And remember this when you hear talk of Hollywood’s resurgence or the coming boom in 3-D.
