Sony Corp on Thursday reported a net loss of 10.7
billion yen (115.1 million dollars) in the October-to-December
quarter due to slumping television sales amid fierce competition in
consumer electronics markets.
Sony logged a net loss of 159 billion yen in the same period in
2011.
Sony booked an operating profit of 46.4 billion yen for the
October-to-December period, compared with an operating loss of 91.7
billion yen a year earlier while its sales rose 6.9 per cent
year-on-year to 1.95 trillion yen.
The Japanese consumer electronics maker maintained its annual net
profit outlook for the current financial year, which ends March 31,
at 20 billion yen.
Sony is expected to release the PlayStation 4 gaming console later
this year, the Kyodo News agency reported Thursday, citing unnamed
sources closed to the matter. The new version will have a differently
shaped controller from PlayStation 3 and feature online play and
integration with other devices, Kyodo said.
The company was to announce the launch on February 20 in New York,
the report said.
Sony, which used to be known as the world's electronics innovator,
has lagged behind its rivals such as Apple Inc and Samsung
Electronics Co in producing popular gadgets, resulting in
four-straight years of annual losses and a restructuring.
