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 Send to email | Sony Misses Q1 Earnings, Cuts Guidance: Problems With Phone Unit And The "Business Environment" in General |  By Silicon
el 29-Jul-2008 |
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 A stumble for Sony and Howard Stringer, who's been gathering praise for turning around the wobbly electronics giant: The company missed its Q1 profit goals and knocked down guidance for the rest of the fiscal year. The reasons: Problems with its Sony Ericsson JV, and "a more cautious outlook about the business environment" for its core electronics business.
Q1 profits fell 47.4%, to $327 million -- more than 30% under consensus. And Sony knocked down its FY 2009 profit forecast by 17%. It pushed up its sales guidance, though, by 2%.
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| Akamai's Q1 In Line With Expectations; Raises Earnings Guidance | | Akamai had a strong Q1, and revenue and earnings came in right where the Street wanted them. The news got better during the company's earnings call: It insists it's seeing no signs of an economic slowdown and isn't having to lower prices to fight low-end competitors. It also raised earnings guidance for the year by 29% to 32%, and said revenue would come in at the mid-to-high range of previous [..] Read complete article | | Published 30-Apr-2008 by Silicon in General
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| Qualcomm Beats Expectations, Raises Guidance (QCOM) | | A strong Q1 for Qualcomm(QCOM): The company beat expectations for revenues and earnings, and raised guidance for the year. The street isn't overwhelmed, though, and the stock is down 2.6% in the aftermarket. We'll hazard a couple guesses as to why: QCOM gives out conservative guidance, and investors wanted much more than what they got; revenues are increasing faster than earnings; concern about [..] Read complete article | | Published 23-Apr-2008 by Silicon in QCOM
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| LIVE ANALYSIS: Cisco Revenue In Line, EPS Beats Consensus | | Summary: Revenue in line with reduced expectations: Up 10% year-over-year (below Cisco's long-term targets). This suggests that the business environment did not improve materially from a weak January. Pro forma EPS of $0.38 beats consensus by $0.02. The company's guidance for FQ4 was again weak--9%-10%--due to ongoing economic problems in the US and Europe. That said, analysts [..] Read complete article | | Published 06-May-2008 by Silicon in General
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 | Joystiq |  Blogger | Covers video game news from an independent, unbiased perspective
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| IGN: PS3 2.50 firmware causing video problems |  Filed under: Hacks, Sony PlayStation 3
Any engineer will tell you that the first rule in solving problems is to make sure your solution doesn't actually create new problems. Sony may have broken this maxim with its version 2.50 [..] Read complete article | | Published 21-Oct-2008 by Kyle Orland in australiabugsps3-firmware-2.50
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| Joystiq | Blogger | Covers video game news from an independent, unbiased perspective
Joystiq Joystiq |
| Sony takes 'gaming phone' concept seriously |  Filed under: Portable, Wireless, Business
The PlayStation Phone? Not quite. But it's clear that Sony is keen to get in on the growing mobile gaming business, especially in the wake of Apple's recent iPhone game announcements. [..] Read complete article | | Published 18-Jun-2008 by Randy Nelson in cellphonemobile-gamingplaystationsonysony-ericsson
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| Nerdblog | Blogger | Provides news about hardware, software, notebooks, laptops, PCs, Mac, PDAs
Nerdblog.Net |
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A good Q1 from Salesforce.com: Mark Benioff and company beat the Street on sales and earnings and raised full-year guidance. But that new guidance -- and its forecast for Q2 -- is pret [..] 
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