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Toshiba Q2 results: profit of $722 million, whole-year forecast cut by $500 million

Toshiba has managed to pick itself up this quarter, recording $17.8 billion in sales, making for an operating profit of $722 million over the past three months. The "social infrastructure" segments recorded a healthy profit ($518 million), while income from digital products, home appliances and electronic devices fell due lower than expected demand. Forecasts for the year have been cut for the full year by approximately $500 million to $3.26 billion, as Toshiba expects lowers sales and operating profits due to the uncertain global economic situation. Individual segments are expected to continue their distinct trends, with the social infrastructure business pulling in more while its other arms bear the brunt of the economic slowdown.

[Image credit: Wikimedia Commons]

Filed under: Home Entertainment, HD

Toshiba Q2 results: profit of $722 million, whole-year forecast cut by $500 million originally appeared on Engadget on Wed, 31 Oct 2012 04:30:00 EDT. Please see our terms for use of feeds.

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A Comparison of Direct Debits and Standing Orders

Most people who have bills, rent or mortgages to pay will likely either have Direct Debits and/or Standing Orders set up to meet their payments. However, they may not have ever taken the time to actually familiarise themselves with what each payment method is, how they work and what the differences are between them. The following article therefore aims to cover these aspects and highlight the uses of each.

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Ford's third-quarter U.S. profit offsets losses in Europe

Ford offset growing losses in recession-plagued Europe by increasing profit on the cars it sold in the U.S in the third quarter. Revenue fell 3%.

Ford Motor Co. offset growing losses in recession-plagued Europe by increasing profit on the cars it sold in the U.S.

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Rasheed Wallace reportedly to sign with Lakers

Rasheed Wallace reportedly to sign with Lakers

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TV reporters get punished by Hurricane Sandy

The wall-to-wall TV coverage of Hurricane Sandy's approach and landfall on Monday was an opportunity for many on-air reporters to put on rain slickers and get themselves out in the storm. While cameras could have easily been positioned to give viewers a view of the storm, it made for more dramatic television to have the reporters positioned actually standing out in the midst of the wind and rain, describing the wind and rain to viewers.

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Baby Sleep - Tips for a Better Sleep Using Merino Wool

An average new-born baby needs approximately sixteen hours of sleep spread in intervals over one day and night. As an adult we need an average of approximately eight hours a night and that equates to just over one third of our lifetime! If our babies and children don't get that required amount, lack of sleep can interrupt routine, upset behaviours and can lead to health conditions. The same goes for adults but on a more adult scale.

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Buying Notes Goes a Long Way in Boosting Your Portfolio

The real estate game is still at one of its most competitive environments ever. While the last few years have seen the economy and even the real estate market start to recover, it can still be hard to stay ahead in the field, whether you're a lender, an agent, or anything in between. There are plenty of different options out there, and for many now is still one of the best times to look for notes for sale. With the market slowly recovering, buying now could reward you big in the future. It's not something everyone will want to do, but it's certainly something worth looking into.

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Measuring the worth of a teacher?

L.A. Unified School District's Academic Growth Over Time measurement system, based on students' progress on standardized tests, spurs debate over fairness, accuracy.

How to measure the worth of Los Angeles math teacher Kyle Hunsberger?

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Top Tips to Enjoy Much Better Banking Experience

The article talks about some of the key aspects that results in the overall banking experience. As there are many changes happening to the banking industry, it is necessary to make a good awareness.

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Could Pittsburgh Become The Energy Capital Of The US?

PITTSBURGH (NewsRadio 1020 KDKA) — Rob Pratte talks with Auditor General Jack Wagner. He says in order to be successful in this economy,�Pittsburgh needs to start by fixing its infrastructure, in addition to�using natural resources [...]

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Common Issues Encountered by Credit Card Account Holders and How To Tackle Them

Credit cards are useful financial tools. However, when abused, they may also lead to so many risks that can cripple the financial situations of consumers. This article discusses the various issues that are commonly encountered by credit card account holders.

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Short-sale purchases can easily fall apart

Though selling houses for less than the amount owed on the mortgage has become commonplace, short sales are fraught with complications that can derail the deal.

As thousands of would-be buyers have discovered, short sales can be a long shot.

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5 Good Reasons to Save Your Money

People save money for various reasons with the most common reasons being putting away some money for events that may occur in the future. When you save money, you worry less regarding some uncertainties about the future. Most financial advisors put a lot of emphasis on saving money which secures your future as well as that of your family. Another advantage that comes with putting away some money is that it enables you to invest. Below are five good reasons why you need to put away some money...

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Common Issues Encountered by Credit Card Account Holders and How To Tackle Them

Credit cards are useful financial tools. However, when abused, they may also lead to so many risks that can cripple the financial situations of consumers. This article discusses the various issues that are commonly encountered by credit card account holders.

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10 Tips to Becoming a Smart Borrower

Debt was, once upon a time, considered to be bad. However, times have changed. Nowadays, we don't think twice before committing ourselves to indebtedness. But we need to be careful. Not all loans are good. Loans that finance the consumption are bad and must be shunned. Loans that build assets are worth a look. But banks may not always be giving the correct picture. Therefore, it is for us delve deep into any loan offer and make the right choice.

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Lakers' Dwight Howard working to improve free-throw shooting

The Lakers have tracked every one of Howard's free-throw attempts since they acquired him. Assistant coach Chuck Person is charged with helping Howard, who is a career 58.8% free-throw shooter.

Dwight Howard steps up to the free-throw line. Everybody knows what's usually next.

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Amazon attacks iPad mini, forgets Kindle Fire is useless in most countries

While announcing their Q3 numbers yesterday, Amazon took the opportunity to take a few shots at Apple and the newly announced iPad mini. Amazon listed what they think are key advantages for their Kindle Fire HD over the iPad mini, including higher screen resolutions, better speakers, and lower cost. This, perhaps, to help distract from the loss Amazon suffered during the quarter. Here's the checklist courtesy of Amazon's press release:

Compared to the iPad mini, Kindle Fire HD 7? has: - 30% more pixels (1,024,000 vs. 786,432 pixels) - 33% more pixels per inch (216 vs. 163) - Watch HD movies and TV ? cannot on iPad mini (iPad mini is an SD device) - Better audio with dual stereo speakers and Dolby Digital Plus - Wi-Fi with dual band, dual antennas + MIMO - Costs $130 less

Amazon posted a $28 million operating loss last quarter, and they expect losses for next quarter as well. This isn?t good news. Neither is Amazon is bringing specs to an experience fight, a strategy that has proven catastrophic for every other iPad competitor in the history of iPad competitors. The Kindle Fire HD is particularly amusing here for a couple of reasons.

First, it's not a tablet. It's a media appliance, a front-end for the Amazon store with great shopping software and middling everything else. Second, because of that, it's barely more than a paperweight outside the small handful of countries in which Amazon sells it.

The iPad mini is a full tablet, available in 90+ countries, with the best tablet software in the industry, and over 250,000 tablet class apps.

So, as they say, good luck with that Amazon.

Source: Amazon Media Room

Apple

Amazon

Kindle Fire

Ipad Mini

News

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What to Look for When Choosing Crib Bedding

As parents it is important to seek out the best products for your loved ones. This includes simple things like crib bedding. After all, your child will spend a lot of time sleeping.

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Repair Your Credit - How to Remove a Judgment From Your Credit Report

When you really need to receive credit for something significant your credit score is vital, therefore, you will need to remove any judgement on your credit report right away. You will need to know how to begin removing that judgement because one simple miscalculation could have a detrimental effect in your overall credit rating.

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Helping Toddlers Learn to Organize

Teach your toddler how to organize using these helpful hints. For example, children's hangers protect clothes, but they're also easy for a toddler to handle.

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HBC Credit Cards: Going Beyond Credit

We are now living in the era of a paperless world. This is a world where payments are completed not by the exchange of paper notes, but by the debit and credit of financial entries over the internet.

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China starts formal criminal probe into politician Bo Xilai

BEIJING (Reuters) - China moved quickly on Friday to announce it had formally begun a criminal probe into disgraced former senior politician Bo Xilai, hours after expelling him from the largely rubber stamp parliament and so removing his immunity from prosecution.

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