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40°

Sony Profit Plummets 95%

Sony said net profit tumbled 95% in the third quarter, as the global slump hurt sales of its core electronics products.

The Japanese electronics giant said net profit plunged to 10.4 billion yen ($115.6 million) from 200.2 billion yen a year earlier. The operating loss in the quarter was 18 billion yen, a reversal from operating profit a year earlier of 236 billion yen. Sony attributed the operating loss to factors such as the rise in the yen, and a loss in its financial services segment because of declines in the Japanese stock market.

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thestreet.com
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scoobysnacks5564d ago WhoDisagree(0)Agree(0)
Lame
Same old news
DADO5564d ago WhoDisagree(0)Agree(0)
Lame
AbdullaMTR5564d ago WhoDisagree(0)Agree(0)
Lame
Another Doom article, just what N4G needs.
Gobuz5564d ago WhoDisagree(0)Agree(0)
bomboclaat_gamer5564d ago (Edited 5564d ago )

wow. sony fanboys unite. donate all ur money to sony, since u love them so much. i have a bank account called the "sony profit recovery fund". PM me for further details lolol

ExcelKnight5564d ago

Since the game division reported a profit compared to nearly everyone else, guess who's in good standing at Sony right now.

Captain Tuttle5564d ago

But it shows the state of things today when a division in a company like Sony shows a $4 million profit and that's considered great news. Not too long ago $4 million was a rounding error on Sony's books.

It's a tough economy for everyone but especially Japanese export companies with the way the Yen is right now.

TheColbertinator5564d ago

@bombaclott gamer

Looks like the Sony fans are pulling your strings like a puppet since they upset you so much.

KrazyFace5564d ago

This isn't even worth rising to.

Nuff said.

BrotherNick5564d ago

No comments here, because it's anti-sony. Let's all ignore bad things about our own consoles and talk crap about others.

80°

6 Fun Games Where You Actually Play As The Bad Guy

While the mainstream media always sees things turning in favor of the hero, here are 6 games that own being a bad guy.

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Community2h ago
130°

Essential Video Games Everyone Needs To Play At Least Once

Video games are no longer just a simple past time. Today's games are evolving into true works of art. Offering intriguing narratives, cinematic setpieces, and profound messages, games can entertain us for hundreds of hours.

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wealthofgeeks.com
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Community16h ago
Changed: title
mark_loprototype1d 19h ago
Chard15h ago(Edited 15h ago)

I never got around to mass effect - I’m skeptical that it would hold up if I were to try it now

Furesis14h ago

I would say it does. The combat is a bit shit for todays standards but everything else is great.

anast13h ago

It's worth a play through today.

gold_drake6h ago

the first one is abit the odd one out but after u finished it, believe it it gets tremendously better and better

90°

El Shaddai: Ascension of the Metatron - Coming Back for a New Generation

Originally launched in 2011, El Shaddai: Ascension of the Metatron is coming to Nintendo Switch, so It's time to look back at the original.

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Community1d 10h ago
jznrpg1d 9h ago

Still have my ps3 copies. Bought it at launch and another one when I found it cheap and in perfect condition about 10 years ago. I wouldn’t buy it on Switch but if they made a PS5 version I would. I still have one of my PS3 Fats hooked up so good to go either way.

darthv721d 9h ago

Id play it again on the switch. I wished my 360 version was bc but this is still a good way to play.