Posted On: 04/27/2015 7:55:45 AM
Post# of 22465
tidbit to think about
Sony has again raised its operating profit estimate for fiscal 2015, the Nikkei reports, upping its forecast for the third time in three months. Due to expectations for higher display sensor and Playstation console sales, the company now anticipates operating profit of ¥300B ($2.52B) - four times its previous estimate and its highest earnings since 2008. Sony (NYSE:SNE) also expects earnings for fiscal year 2016 to improve as its restructuring costs decline.
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Sony has again raised its operating profit estimate for fiscal 2015, the Nikkei reports, upping its forecast for the third time in three months. Due to expectations for higher display sensor and Playstation console sales, the company now anticipates operating profit of ¥300B ($2.52B) - four times its previous estimate and its highest earnings since 2008. Sony (NYSE:SNE) also expects earnings for fiscal year 2016 to improve as its restructuring costs decline.
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