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 Send to email | Nikkei: Sony enters the black in fiscal Q1, game division turns a profit in fy-2011playstationprofitps3pspq1-2011sony |  By Ben Gilbert
el 26-Jul-2010 |
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According to a report from Japanese newspaper Nikkei (translated by Andriasang), Sony will be reporting its fiscal 2011 first quarter results (April 1 through June 30) in the coming days, posting an operating profit somewhere between 10 billion ($114.63 million) and 30 billion yen ($343.89 million). Among the factors contributing to Sony's reported profits was the games division, apparently achieving as much through "cost-cutting measures."
If this report is accurate, the company will be improving year-over-year profits by anywhere from $382.63 to $611.89 million -- not to mention enjoying a rare, profitable quarter for the gaming division. Sony refused to comment on the report, and the company's official release and conference call won't take place until this coming Thursday. Nikkei: Sony enters the black in fiscal Q1, game division turns a profit originally appeared on Joystiq on Mon, 26 Jul 2010 20:30:00 EST. Please see our terms for use of feeds.
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| Konami's game business Peace Walks toward profit in its fiscal Q1 |  Konami Corporation's operating income jumped 244 percent year-over-year in its fiscal Q1 2011, from ¥367 million ($4.26 million) last year to ¥1.265 billion ($14.7 million). Within its Digital & Entertainment Business division (the one for video [..] Read complete article | | Published 05-Aug-2010 by JC Fletcher in dsearningsFy-2011KonamiMetal-Gear-Solid-Peace-Walkernintendoplaystationpspq1sonyWinning-Eleven
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| Sony profits sink, game division floats by |  Filed under: Sony PlayStation 2, Sony PlayStation 3, Sony PSP, Business
With the celebratory horn tooting out of the way, let's turn to Sony's overall quartely results -- a tune, you'll find, that's distinctly grim. A 72 pe [..] Read complete article | | Published 29-Oct-2008 by James Ransom-Wiley in financialfiscal-fun-factsscesony
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| Ubisoft's net profit declined 37 percent in past fiscal year | 
It's time for another installment of "Sales Go Up, Profit Goes Down," the completely perplexing economic phenomenon that's been taking the gaming industry by storm as of late. Today's contestant is Ubisoft, who in April reported a 14 pe [..] Read complete article | | Published 29-May-2009 by Griffin McElroy in financefinancial-reportfiscal-yearprofitsalesubisoftyves-guillemot
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Gossip, news and leaks for obsessive gamers Kotaku As if you don't waste enough of your time in a gamer's haze, here's Kotaku: a gamer's guide that goes beyond the press release. Gossip, cheats, criticism, design, nostalgia, pred |
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