Sony: upping FY operating income, net income and sales

[neerdowell]

kowenicki said:

huiii said:

neerdowell said:
Okay, so I'm too lazy and too short on time to go looking up the details, but isn't the revenue from Sony selling buildings $2 billion, which would make the actual profit from them significantly less. Which would also mean the $1.5 billion dollar loss is way off as well?

If 2 billion is the amount they got payed for the buildings then yes. Only the diference betwen what they sold them for and how much value they had in the books (profit) has any effect on the earnings.

I don't know which of those the 2 billion figure represents and i'm also to lazy to look it up.

 

Edit: ok i just realized i wrote the same thing as you....

Profit was about 1bn for the building I think... plus .5bn for other assets sold.

Ouch, then this really isn't good news at all. It really makes me wonder where all of Sony's money goes. From a sales and revenue standpoint, Sony still brings in considerable amounts of revenue. I simply can't see why their profit margin is always so small.