Finally the time for Sony.

Details

Date: February 02, 2012 [Thu] 17:50
Speakers: Howard Stringer (Representative Corporate Executive Officer, Chairman & CEO and President); Kazuo Hirai (Representative Corporate Executive Officer, Executive Deputy President & CEO and President )
The results briefing will be carried out by: Masaru Kato (Corporate Executive Officer, EVP, and Chief Financial Officer); Yoshinori Hashitani (VP Investor Relations Division)

Related Materials

Will be available from Feb 2, 15:00 JST.

Webcast

After 17:50 JST.
Recording of the Webcast will be available after the meeting.

Links

http://www.sony.net/SonyInfo/IR/info/presen/index.html

Times around the world

http://www.timeanddate.com/worldclock/fixedtime.html?msg=Sony%27s+Q3+FY2011+Earnings&iso=20120202T15&p1=248

Last year results (Q3 FY2010)

• Sony Corporation announced its consolidated results for the third quarter of the fiscal year ending March 31,2011 (Oct 1,2010 to Dec 31,2010)
• Sony Corporation posted operating income of $1,698 million;the company reported net income of $893 million
• NP&S (includes Sony's Game Business) posted operating income of $564 million
• Sony has sold more PS3 Slim units than original models.
• Sony shipped 6.3m PS3s and 57.6m games for it. 
• Sony shipped 3.6m PSPs and 16.5m games for it.
• Sony shipped 2.1m PS2s and 5.3m games for it.

This year results

• Sales and Operating Revenue --> $23.37 billion
• Operating Loss --> $1.18 billion
• Net Loss --> $2.04 billion
• PS3 HW/SW --> 6.5m / 66.2m (62.0m/568.1m LTD)
• PSP HW/SW --> 2.4m / 11.4m
• PS2 HW/SW --> 0.9m / 2.5m
• PS3 forecast sales dropped from 15m to 14m for FY2011 

This isn't gonna be good...

Nintendo didn't do too bad, they made a profit last Q. Expected a lot worse than they did, could be the same for Sony

where are all the other companies earnings like ea square enix konami activision 2k etc

Wasn't the loss on sale (Television department related) this quarter? 

This or next week too but I don't care .

There are going to be charges which are going to effect earnings (1 billion dollars for the TV venture with Samsung) those will be factored out. Overall I think this is going to be a pretty terrible quarter broken down by the following:

Sony Music -- Music digital sales were up this year so Sony may benefit a little
Sony Picutres -- No real blockbusters by any of the sony studios
TV Syndication -- Still pretty strong
TV -- abysmal
Ericsson joint venture -- abysmal
Viao -- no real upgrade cycle until at least windows 8 so might be marginal at best
Sony Computer Entertainment -- Pretty decent, smartest thing Sony did was not to give an estimate on vita sales.

quarter should be profitable since its holiday driven but strong yen will eat into that

ethomaz why is the title ETA 6 hours? It's ETA 6 hours now but not when you made the thread?

He's updating it... which just adds confusion in my opinion.

Train wreck said it all... you don't even need to read his post.

So, could someone expert on economics speculate on what Sony could do to return to profitability? Split the company? Shut down some sectors and cancel their R&Ds? Or maybe that's all too drastic and they were in the right way but had a bad year due to earthquake etc.?