Vote!
Sharp's future on shaky ground despite iPhone shipments
Despite announcing shipments of new iPhone screens, Sharp's overall financial outlook is suffering.The Japanese manufacturer's quarterly report yesterday revealed losses of 138.4 billion yen ($1.76 billion) for the quarter, with a projected annual loss of 250 billion yen ($3.18 billion).Those numbers didn't inspire confidence with investors, causing the firm's stock to sharply drop 28 percent to 192 yen ($2.45) per share, a 36-year low for the company.Sharp reportedly still has 2 billion yen in bonds maturing this month, with another 200 billion in convertible bonds in September. The firm has...
Published By: Tech Radar - Friday, 3 August, 2012
- Older News
- Vote!
Galaxy S4 Will Pass 10M Shipments Next Week Less Than A Month After Launch, Says Samsung Tech Crunch (2 days ago) - Samsung’s latest flagship smartphone, the Galaxy S4, is poised to pass 10 million shipments next...
- Vote!
Android and iOS Continue to Dominate Smartphone Market as Windows Phone Shows Signs of Life Mac Rumors (3 days ago) - Following up on its April report breaking down mobile phone shipments by manufacturer for the...
