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Culture

Sony reaffirms gains

Sony has confirmed that, despite relatively weak holiday sales, revenue from its U.S. electronics unit reached nearly $14 billion for the fiscal year, up about 15 percent from the prior year. Sony Electronics President Fujio Nishida had told reporters in April that preliminary results showed a gain of about 15 percent. The fiscal year ended March 31. Nishida attributed the growth to strong sales of televisions, laptops and digital cameras and camcorders. Nishida added that the company is working to link the bulk of its consumer electronics gear to the Internet. "Our aim is to ultimately have all of Sony's hardware devices network-enabled in the broadband world," Nishida said in a statement.

Sony has confirmed that, despite relatively weak holiday sales, revenue from its U.S. electronics unit reached nearly $14 billion for the fiscal year, up about 15 percent from the prior year. Sony Electronics President Fujio Nishida had told reporters in April that preliminary results showed a gain of about 15 percent. The fiscal year ended March 31.

Nishida attributed the growth to strong sales of televisions, laptops and digital cameras and camcorders. Nishida added that the company is working to link the bulk of its consumer electronics gear to the Internet. "Our aim is to ultimately have all of Sony's hardware devices network-enabled in the broadband world," Nishida said in a statement.