Sony financial results Q1 FY15, 663 million $ profit, PS4 ships 3 million

[Teeqoz]

MoHasanie said:

Teeqoz said:

That's operating profit, not actual profit. In that same article, they also say they're expecting a net income (actual profit) of 140 Billion yen, or ~1.4 billion USD, but they are lowballing it so that they won't miss the forecast, which is why analysts are estimating 1.8 billion.

Ah, I misread it. It's good that they are forecasting a lower than expected profit, since it will be better for the stock price when the results come out. 

I certainly hope that's what will happen

Either way, Sony stock is set to perform great the next years as their profit will climb, and they increase their dividend. It's gonna be a nice few years