Sony on Thursday posted its full-year financial results for the fiscal year ended March 31st, 2013. The struggling Japan-based consumer electronics giant managed to eke out its first full-year profit in five years, posting net income of 43 billion yen, or approximately $458 million for fiscal 2012. Smartphone sales into channels came in at 33 million units while LCD TV sales fell 38% to 13.5 million units. Combined sales of the PlayStation 3 and PlayStation 2 fell to 16.5 million units in fiscal 2013, and Sony shipped a total of 7 million handheld Vita consoles. In fiscal 2013, Sony expects TV sales to rebound to 16 million units while smartphone shipments grow 27% to 42 million handsets.
Sony posts first full-year profit in five years, sees smartphone sales rising 27% in FY2013
Published May 9th, 2013 7:50AM EDT
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Zach Epstein has been the Executive Editor at BGR for more than 15 years. He manages BGR’s editorial team and ensures that best practices are adhered to. He also oversees the Ecommerce team and directs the daily flow of all content. Zach first joined BGR in 2007 as a Staff Writer covering business, technology, and entertainment.
His work has been quoted by countless top news organizations, and he was recently named one of the world's top 10 “power mobile influencers” by Forbes. Prior to BGR, Zach worked as an executive in marketing and business development with two private telcos.
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