Today's Hard|Forum Post
Today's Hard|Forum Post

Saturday February 21, 2015

Sony Looks to Increase Profit by 2500% by 2018

No, that’s not a misprint, Sony is looking to increase its profit by a factor of 25 between now and 2018. To accomplish this feat, Sony plans may include getting completely out of the TV and phone markets, concentrating solely on the commitment to PlayStation and camera sensor businesses.

Sony shares have risen more than 80 percent over the past year as investors applauded the restructuring, which accelerated since Hirai appointed Kenichiro Yoshida as his chief strategy officer in late 2013.