Yahoo! Japan Profit Rises 31.5%
Feb 04, 7:56 AM EST |
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| Quarterly profit rose 31.5% on the back of robust sales in Display advertising and firm growth of Prime Display after aggressive marketing in October. |
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| During the latest quarter the performance of Yahoo Japan Corp. showed considerable improvement with net income rising to 17.1 billion yen from 15.1 billion yen a year ago. Net sales in the quarter jumped 14.8% to 70 billion yen, while income from Display Advertising and Prime Display, including the Yahoo! Real Estate continued to grow. Yahoo! Shopping and Yahoo! Auctions increased the number of merchants registered with Yahoo! by 20.6% to 30, 223. |
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Sony Sees 25% Rise in Profit, but Cuts Outlook
Feb 01, 11:00 AM EST |
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| Quarterly profit rose 25%, bolstered by robust sales of TVs and computer games, but Sony expects str |
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| Net income rose to 200.2 billion yen in the third quarter vs. 159.9 billion yen a year ago. Sales and operating revenue added 9.6% to 2.86 trillion yen thanks to the strong sales of Bravia L.C.D. televisions. Sony posted a 31.2% jump in sales of PlayStation 3 in the quarter but cut its 2008 sales outlook by 14%, to 9.5 million units. Sony also slashed its operating income outlook for 2008, saying it expects to earn 410 billion yen compared with the October guidance of 450 billion yen. |
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