Sony Q1 Results – Graphic of the Day
Today Sony reported that operating profit for April-June fell a much steeper-than-expected 77% to 6.28 billion yen ($80 million) compared with a year earlier. Analysts had expected a 36% fall in profit. Citing exchange rate moves and a weak global economy, Sony cut its forecast for operating profit in 2012/13 to 130 billion yen from a previous forecast of 180 billion yen. The consensus forecast of 18 analysts surveyed by Thomson Reuters is for annual operating profit of 139 billion yen. Today’s graphic shows Sony’s operating profit/loss for the last 13 quarters as well as its proportion of sales by segment.