About this weblog

What you need to know: This weblog captures key data points about the global telecoms industry. I use it as an electronic notebook to support my work for Pringle Media.

Thursday, May 9, 2013

Sony Predicts 10% Rise in Revenues


Sony said its revenue fell by 3% on a constant currency basis in the quarter ending March 31 to 1.73 trillion Japanese yen (17.45 billion US dollars), as sales declined in its home entertainment and devices divisions. 

However, Sony forecast that its revenues will rise 10.3% in the year to March 31, 2014 to 7.5 trillion yen "primarily due to the depreciation of the yen and an increase in sales in the electronics businesses."

In its mobile phone and computer division, Sony expects sales to increase significantly "primarily due to an anticipated significant increase in unit sales of smartphones and the introduction of high value-added models, as well as due to the introduction of high value-added PCs." source: Sony presentation

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