Sony Annual Profits Rise 68%

April 28, 2006 | Mark Goldstein | Global | Comment |

SonySony have announced the largest profit rise, 68% for 2005/6, on the back of good sales of PSPs, LCD screens and Vaio PCs. The Reuters report doens’t contain much information about the company’s dgital camera division.

“Sony plans to boost capital spending by 20 percent this year to 460 billion yen, with a good chunk of that going to image sensor chips. As a result, its depreciation and amortisation burden will rise 7 percent to 410 billion yen.”

Website: Reuters - Sony’s profit jumps 68 pct, sees PlayStation costs