Smart Photography India`s No 1 Imaging Magazine

Smart Photography India`s No 1 Imaging Magazine

  • HOME
  • News
  • Reviews
    • Cameras
    • Head-to-Head
    • Books
    • Monitors
    • Lenses
    • Smartphones
    • Software
    • Printers
    • Accessories
    • First Look
  • Contests
    • EISA Maestro
    • Picture of the Month
    • Smart Travel Contest
  • Tutorials
    • Ask Uncle Ronnie
    • Basics of photography
    • Camera Techniques
    • If I were You
    • Photoshop
    • Tips
  • PHOTOLOGUE
    • Kaleidoscope
    • Master Craftsmen
    • Showcase
    • Travel Photo-feature
  • Promotions
  • More
    • Buyer’s Guide
    • Subscription
    • Print Magazine
  • Advertise

24 percent rise in Panasonic’s quarterly profit

March 1, 2011 by spwordpress

Panasonic’s quarterly profit jumped 24 percent, driven by strong sales of flat-panel TV’s, auto components and solar panels that offset damage from a strong yen.

The Osaka-based maker of Viera plasma Tv’s and Lumix Digital cameras on Wednesday reported 39.98 billion Yen ($490 million) in profit for the October-December quarter, up from 32.36 Yen billion the year before. The solid results came despite the damage from a strong yen, severe price drops in gadgets and soaring material costs.

Quarterly sales for the Japanese electronics maker climbed 21 percent to 2.285 trillion yen ($28 billion). Both results were in line with analyst expectations as surveyed by FactSet. Panasonic ad strong sales both in Japan and abroad, helped by a gradual global recovery, but also by economic stimulus spending in several countries, including rebates for green gadgets in Japan. The company stated that it was well on its way to completing the acquisition of Sanyo Electrical Co. into a wholly owned subsidary, by the end of April’11 and hoped to gain synergy  through this merger.

 

Filed Under: News

LATEST ISSUE

EISA AWARDS 2023-2024

Participate in EISA Photography Maestro 2023 Contest

Chance to Get Featured

Interested in being featured in Smart Photography? Send us low-resolution versions of 12 to 20 of your best images, and stand a chance to exhibit your work in our Kaleidoscope, Showcase or Mastercraftsman section.

Email: sp@nextgenpublishing.net

MAGZTER Subscription Offer

  • Facebook
  • Instagram
  • Twitter
  • YouTube

EPSON EcoTank L8180

PHOTOLOGUE

NIKKOR celebrates the 90th Anniversary

NIKKOR celebrates the 90th Anniversary

November 22, 2023 By Gandhi Mathi

… Continue Reading

Sony Unmasks a9 III camera and FE 300mm f/2.8 lens

Sony Unmasks a9 III camera and FE 300mm f/2.8 lens

November 8, 2023 By Gandhi Mathi

… Continue Reading

DJI Unveils Osmo Pocket 3

DJI Unveils Osmo Pocket 3

November 1, 2023 By Gandhi Mathi

… Continue Reading

More Posts from this Category

SPECIALS

Gorilla Glass: Scratch, Optics, and Everything in Between

Gorilla Glass: Scratch, Optics, and Everything in Between

August 10, 2021 By Sujith Gopinath

… Continue Reading

Exploring Odisha: The North-Central Expedition

Exploring Odisha: The North-Central Expedition

December 4, 2020 By Sujith Gopinath

… Continue Reading

More Posts from this Category

Copyright © 2023 · Smart Photography Magazine ·