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SonyBMG and Sony Corp Post Results |
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SonyBMG has posted a net income of $21million for the last quarter, which compares favourably with the $81m loss made in the same quarter the previous year.
SonyBMG has posted a net income of $21million for the last
quarter, which compares favourably with the $81m loss made in the same
quarter the previous year.
Revenues were roughly the
same with releases from Avril Lavigne, Kelly Clarkson and R Kelly but
costs were down, resulting in turnaround in overall profits.
Sony Corp has enjoyed improved performance elsewhere in its
operations, with overall profits more than doubling year on year, from
YEN32.29billion to YEN66.46b.
Much of the profits boost came
from the conglom's electronics division, where sales of the Bravia
flat-screen TVs and Cybershot digital cameras have performed
particularly well.
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