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Sony Down 8.6% In Q3; Sony Music Down 14.5%

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THE NEW YORK TIMES reports SONY Corporate was "hit by a strong yen and falling TV prices," and SONY's profit fell 8.6% in the fiscal third quarter from the same period a year earlier. The decline came as the company made a renewed push in music and gaming with a flurry of new services and gadgets.
SONY MUSIC was down 14.5% as compared to a year earlier, with revenues of $1.72 billion. SONY's best-selling releases of the quarter came from MICHAEL JACKSON, SUSAN BOYLE, BRUCE SPRINGSTEEN, KINGS OF LEON and the GLEE soundtracks.

Source: ALL ACCESS/

http://www.nytimes.com/2011/02/04/business/global/04sony.html?_r=1
 
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