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acquisition profit sony corp

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The Facebook Oculus acquisition: Weighing the pros and cons

Facebook has acquired virtual-reality darling Oculus VR, and now we've had a little time for the news to settle in. Is this really as bad as it sounds?

By Mar. 26, 2014

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PlayStation 4 to sell at a loss, but Sony expects profit

The company says that it'll be able to make up the loss by generating revenue off PlayStation Plus and the purchase of one launch game.

By Sep. 20, 2013

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Sony ekes little to no profit from PS4, says report

The new PlayStation 4 sells for $399 and costs $381 to build, according to research firm IHS.

By Nov. 19, 2013

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News Corp. veteran named CEO of Virgin Media

Tom Mockridge, who's had several senior roles at News Corp., will move into the post following the acquisition of Virgin Media by Liberty Global.

By May. 8, 2013

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Sprint swings to profit of $383M but loses customers

The nation's third-largest wireless carrier reports its first results following the completion of the SoftBank deal. It sold 1.4 million iPhones in the period.

By Oct. 30, 2013

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UK regulator seeks comment on Google's Waze acquisition

The Office of Fair Trade is asking for the public to speak up about the acquisition of the smaller mapping technology company, the Financial Times reports.

By Aug. 27, 2013

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Microsoft squeezes little profit out of each Xbox One

Which component in the new console costs the most? Research firm IHS takes an inside tour and reveals the priciest parts.

By Nov. 26, 2013

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Sony records its first net profit in five years

The electronics giant swings to a profit on sale of assets while demand continues to deteriorate for products in its core electronics business.

By May. 9, 2013

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Sony makes first profit in 5 years as Windows 8 hybrid leaks

Sony has turned a profit after years of struggle -- but only by selling off a slew of its assets.

By May. 9, 2013