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02 August 2017, 12:39 | Harold Aguilar
Sony posts 181 percent profit surge for Q1 2017
Meanwhile, its video game business in the first quarter saw profit fall by almost half amid a lack of strong software releases and last year's price cut on the PlayStation 4 home console.
The Japanese company also detailed the entirety of its financial results, including figures such as sales revenue, operating income etc. The Minato, Tokyo-based conglomerate said that its sensor business is the biggest factor that benefitted its recent performance, having recovered from a massive quake that it suffered through in 2016.
The Tokyo-based tech giant also said its operating profit had risen nearly threefold in the recording period to 157.61 billion yen, up 15.2 percent and based on sales of 1.86 trillion yen.
First-quarter sales jumped 15 percent to 1.85 trillion yen, prompting the electronics giant to raise its sales forecast for the year to 8.3 trillion yen from 8 trillion yen.
"When we marked strong earnings 10 years ago or 20 years ago, we always suffered sharp setbacks in the following year and onwards". Under the new pricing structure, the cost of an annual membership will increase by a quarter from its current £39.99 level to £49.99; the cost of a quarterly membership will increase by the same proportion, going from £14.99 to £19.99, while the fee for those choosing to play monthly is to go from £5.99 to £6.99.
Net Sales - 1.98 trillion yen ($17.92 billion) in net sales, up 4.76% from April's 1.89 trillion yen ($17.10 billion) forecast.
Sony's game segment sales accounted for 18.75% of Sony's total sales revenues for the quarter.
- Digital download revenue, meanwhile, fell 22.1 percent to $116.5 million (12.94 billion yen), down from the $153.66 million (16.6 billion yen) tallied in the first quarter of 2016.
Music publishing, which consists of Sony/ATV, Sony Japan publishing and its percentage of EMI Music Publishing, produced revenues of $151.7 million (16.86 billion yen), a 7.7% increase from previous year. Television Productions sales increased significantly, primarily due to higher licensing revenue for USA series such as The Last Tycoon and Better Call Saul.
Samsung Galaxy S8, S8 Plus
The Note 8 could cost upwards of $1,000 as well, but this could increase depending on conditions at the time it launches. It was the company's first new smartphone following the disastrous Galaxy Note 7 with its exploding battery.
No new diesel and petrol cars by 2040
Make no mistake-gas- and diesel-powered cars have an expiration date, it's just further away than you might've thought. Today, electric cars are more expensive and compromised in some ways compared to combustion engines cars".
ASUS to launch three ZenFone 4 series phones next month
The recent leak says that the multiple Zenfone 4 variants have been certified by NCC, which is equivalent to FCC in Taiwan. For photography, the Asus Zenfone 4 Max sports a dual rear camera setup that comes combined with two 13-megapixel sensors.
Kevin Feige Confirms Captain Marvel Features Kree-Skrull War
The news came accompanied with a couple more big developments: Captain Marvel will fight the Skrulls in the movie, and Samuel L. Brie Larson is slated to play Captain Marvel herself, and the film will be the first Marvel feature with a female lead.
HSBC sees half-year profits rise by 5%
The move was revealed in a trading update from the bank, which showed pretax profit rose by 5% in the first-half to $10.2 billion. But on Monday he said that he could stay at the bank until December 2018, if an external candidate is appointed to take over.
Donald Trump has a new chief of staff: Who is John Kelly?
In a written statement, Priebus said it has been one of the greatest honours of his life to serve the President and the country. Spicer had adamantly opposed bringing on the NY financier and former Trump campaign fundraiser, multiple sources said.
Rex Tillerson has no plans to step down, official says
It is customary to list "no public appointments" when a secretary is on a personal vacation، according to The Associated Press. Tillerson is "aware of the president's comments،" but didn't express an opinion on what he said، according to Nauert.