Electronics/Appliance Financials
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Sony Ericsson Back In Red, Cites EarthquakeBy Joseph Palenchar, July 15, 2011London - Cellphone maker Sony Ericsson largely blamed this year's Japan earthquake for slipping back into the red during its fiscal second quarter following five consecutive quarters of net profits. More
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Alpine Swings To Black But Forecasts Tough Fiscal 2012By Joseph Palenchar, July 11, 2011Iwate, Japan - Alpine increased sales and swung into the black for its fiscal year ending March, reversing two consecutive years of net losses and three consecutive years of sales declines. More
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Sony Projects Major Net LossSteve Smith, May 23, 2011Tokyo - Sony said today it expects to post a net loss of 260 billion yen, or about $3.1 billion, in its fiscal year ended March 31, when it reports its full fiscal year statement on Thursday. More
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DirecTV Adds 184K Net New Subs In Q1Greg Tarr, May 6, 2011El Segundo, Calif. - DirecTV continued to add new subscribers in the first quarter of the year, with net new subscriber additions of 184,000 in the United States. More
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T-Mobile Subs, Revenue, Net Continue To Fall In Q1Joseph Palenchar, May 6, 2011Bellevue, Wash. - T-Mobile USA's subscriber base, revenues and net income continued to shrink in the first quarter as the carrier's high 2.4 percent churn rate among postpaid subscribers failed to offset prepaid subscriber growth. More
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Electrolux Q1 Earnings Down 43%Alan Wolf, April 27, 2011Stockholm, Sweden - Price promotions, soft sales and high raw materials costs led to a 43-percent decline in Electrolux's earnings during the first quarter ended March 31. More
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Imation Posts Lower Q1 Sales, Net LossTWICE Staff, April 27, 2011Oakdale, Minn. - Imation reported a 13.5 percent drop in sales and a deeper net loss in the first quarter ended March 31. More
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LG Reports Net Loss In Q1Steve Smith, April 27, 2011Seoul, Korea - LG Electronics posted a net loss in the first quarter as its home entertainment and mobile electronics sectors reported lower sales. More
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TomTom: North American PND Sales Off 19%Joseph Palenchar, April 27, 2011Amsterdam - Retail-level unit sales of portable navigation devices (PNDs) in North America fell 19 percent during the first quarter, more than previously forecast. More
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Amazon Reports Lower Profits, Major CE Sales IncreaseTWICE Staff, April 27, 2011Seattle - While Amazon.com reported its worldwide electronics sales were up almost 60 percent in the first quarter, the online retailer posted a double-digit drop in net profit. More
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Whirlpool Posts Higher Earnings, Sales In Q1TWICE Staff, April 27, 2011Benton Harbor, Mich. -- Whirlpool reported higher net earnings and sales for the first quarter ended March 31. More
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SED Reports Profit, Sales Gain In QuarterBy TWICE Staff, February 10, 2011Tucker, Ga. - SED International Holdings, a multinational supply-chain management provider and distributor, reported a profit and higher sales in its fiscal second quarter, ended Dec. 31, 2010. More
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Sprint Posts Gains, Plans LTE DecisionBy Joseph Palenchar, February 10, 2011Overland Park, Kan. - Sprint gained more net new wireless subscribers in the fourth quarter of 2010 than it has since the first and second quarters of 2006 and continued to reduce its wireless operating losses, the company announced. More
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JVC Kenwood Reports Fiscal Q3 ProfitBy TWICE Staff, February 1, 2011Tokyo - JVC Kenwood reported a net profit in its fiscal third quarter, ended Dec. 31, 2010, but net sales fell 11.3 percent compared with the same time in the prior year. More
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Toshiba CE Posts Higher Sales In Fiscal Q3By TWICE Staff, January 31, 2011Tokyo - Toshiba's digital products segment reported higher sales but lower operating profit in its fiscal third quarter, ended Dec. 31, 2010. More
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Logitech Fiscal Q3 Sales Up 22%TWICE Staff, January 27, 2011Fremont, Calif. - Logitech International said it had its highest-ever quarterly sales for the third quarter of fiscal year 2011. More
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Apple Posts Record Sales, ProfitBy Steve Smith, January 18, 2011Cupertino, Calif. - Apple reported record revenue and net profit for its fiscal first quarter, ended Dec. 25. More
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Consumer Confidence Hit High Point For Year: CEABy TWICE Staff, November 23, 2010Arlington, Va. - Consumer confidence in the overall economy and in technology spending both improved in November to the highest points of the year, according to the latest figures released today by the Consumer Electronics Association (CEA). More
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hhgregg: Sales Up, Profits DownBy Alan Wolf, November 9, 2010Indianapolis - hhgregg said higher expenses, lower margins and a drop-off in major appliance demand sent profits sharply lower during the company's second fiscal quarter. More
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Worldwide PND Sell-Through Off 5-10% In Q3: GarminBy Joseph Palenchar, November 3, 2010Schaffhausen, Switzerland - Worldwide PND sell-through declined 5 percent to 10 percent in units during the third quarter and will probably fall again at similar rates in the fourth quarte, Garmin president/COO Clifton Pemble said. More
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