| Story Views | |
| Now: | |
| Last Hour: | |
| Last 24 Hours: | |
| Total: | |
Toshiba made $898.8 million dollar profit, could manage to lend you twenty bucks
In SoMeIT (Social Media Information Technology), we are fully dedicated to satisfying all of your web needs, integrating your business to social networks.
Toshiba isn’t going with the flow this financial season, bucking the trend and posting a healthy (albeit reduced) net profit of 73.7 billion yen ($898.8 million). Whilst down from $1.7 billion in 2010, the company points to the European debt crisis, Japanese Earthquake and high oil prices as the barriers to further success. Unlike its local rivals, Tosh branched out early into “social infrastructure,” building everything from radiation detectors, power plants and LED light bulbs — businesses that made a stack of cash while its computer and TV businesses slumped. Unencumbered by these crises in the future, the company is projecting to make $1.68 billion across the next 12 months — at which point it might treat itself to a spa day, or something.Continue reading Toshiba made $898.8 million dollar profit, could manage to lend you twenty bucksToshiba made $898.8 million dollar profit, could manage to lend you twenty bucks originally appeared on Engadget on Tue, 08 May 2012 05:21:00 EDT. Please see our terms for use of feeds.Permalink | Toshiba (PDF) | Email this | Comments
source: http://www.engadget.com/2012/05/08/toshiba-fy-2011/
Source:
