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Meanwhile, Sony profits dropped a "mere" 47%
comment: 0 | Friday, October 28 (2005) 10:51AM | Posted by Robert Sinke
As a short follow-up on iRiver's figures (item below), here's a heads-up on Sony's situation (yeah - these are 1-day old statistics, shame on us etc.).

Net profit for Q3 (fiscal quarter, ended September 30): 28.500.000.000 Yen ($ 247 million USD or 205 million Euro), down by 47%.

Sales: equal to Q3 of last year, at 1.7 trillion (cool) Japanese Yen. That's $ 14.74 billion Dollar.

Interesting fact: "Sony would have reported a loss were it not for a one-time gain equivalent to $ 637 million" (quoted: Nobuyuki Oneda, chief financial officer) - this gain was a result from the transfer of part of the company's employee pension plan to the government.

According to the same guy, the electronics section would have produced a $ 390 to $ 434 million Dollar loss without said pension transfer. It seems that on an annual base, Sony will end up in the red figures for the first time in more than a decade, though.

Where does the DAP-stuff fit in: "The company attributed much of its lackluster performance last quarter to declining sales of plasma TV sets, digital cameras and the Walkman, which competes with iPod."

The next two quarters will probably prove very, very vital to Sony's position within the DAP business. Their new NW-A1x000/3000 series is set for an early November launch - remember, they want to sell about 5 times as many of these things compared to the "old" Walkman series sale statistics.

LINK
Comments

Pondlife

Comments: 531
Oct 28 (2005) 10:56AM  

I wish them luck selling 5 times as many of the new players as the do the smaller, better specced old ones, especially if as I read on here earlier that connect player is just a rebranding of sonicstage rather than new software from the ground up.




enCORe_XTG

Comments: 317
Oct 28 (2005) 11:50AM  

smurf company knockup the giant,

Sony need to renovate it's DAP & sell with 'competitive price'




selfnoise

Comments: 18
Oct 28 (2005) 12:01PM  

Sony doesn't believe in being competitive. This arrogance seems to finally be catching up with them, what with aggressive competitors in two sectors (MS and Apple). Hopefully they'll realize how consumer-hostile they've become and mend their ways.




Dominic
Location: Ireland.
Comments: 2405
Oct 28 (2005) 03:23PM  

heres hoping, meanwhile i'm gonna go buy the nw hd5, me love gapless




Michael
Location: New York City
Comments: 2798
Oct 28 (2005) 03:33PM  

They could afford to make some freaking commercials




haroldpark

Comments: 27
Oct 29 (2005) 02:38AM  

I read on here earlier that connect player is just a rebranding of sonicstage rather than new software from the ground up.

Indications are that Connect is a completely new piece of iTunes style software. Haven't heard or seen anything to suggest otherwise and the fact that it does not support older Sony products like the Hd5 would support this interpretation.




dfkt

Comments: 21
Oct 29 (2005) 11:00AM  

i'm gonna go buy the nw hd5, me love gapless

Only for ATRAC-crap, not for MP3, AFAIK... better get some player compatible with the Rockbox firmware.




Dominic
Location: Ireland.
Comments: 2405
Oct 29 (2005) 11:16AM  

i know that, theres nothing wrong with atrac, for me all file formats are the same, i rip at a minimum of 256kbs, and i have all my music stored as flac....so atrac, aac, vorbis, mp3, whatever, its all the same,,,,dont understand why you think atrac is crap but whatever..
...Ps i was the one who said connect was rebranded sonicstage, i said this based on information given to me, whether or not that is true remains to be seen, sonicstage got an unfair amount of publicity as being completely useless, that was not the case but ppl are quick to believe things, like me believing connect was a rebranded sonicstage with no physical proof, wait and see thats all i'll do, still looking for a hd5 too, they got scarce or are way too over priced.




Jebediah

Comments: 25
Nov 01 (2005) 12:44AM  

So three companies have seen declining profits now. Are Apple and others gaining that much? I don't know but I suspect for many people one good DAP fits their needs. Aside people really into DAPs (members of this site) more than one functional DAP is probably overload.




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