Off Topic: Sony: We Expect to Sell 100 Million PS3s

At an annual shareholders meeting in Tokyo, Sony Chief Executive Sir Howard Stringer reiterated his commitment to turning the company's fortunes around and he assured investors that Sony is on track to hit its target of doubling its operating profit margin by the next business year.

"As of the year ending March 31, 2006, we are on target with all the tracking plans," Stringer stated. "If we deviate at all, we will make changes necessary to achieve those targets, recognizing there is a dynamic and competitive environment out there in which we operate."

"Now in its 60th year, Sony has entered a period of re-emergence," proclaimed Stringer.

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Source: GameDaily.biz

posted on Monday, June 26, 2006 5:18 PM by Auri

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