Sony posts $1b loss, first in 14 years

Here’s the good news: Sony’s ¥98.9b ($1.03b) loss is slightly less than the $1.1b the company told us it would lose in January. Sadly, all of the other news is bad, starting with the fact that the company just lost a freaking billion dollars, its first loss in 14 years, and it’s predicting a similar $1.1b loss next year. Electronics sales were down 17 percent, the Sony-Ericsson phone partnership is struggling, and game division sales dropped 18 percent primarily due to Sony’s continued reliance on falling PS2 sales. As for the PS3, it’s actually a dim bright spot: hardware cost reductions and increased game sales slightly stemmed the tide, but Sony’s still expecting the division to lose money in the coming year. Sony also says it has “extensive measures” in store to try and turn things around after that, so we’re hoping Sir Howard’s plans to embrace open formats and listen to consumers are kicking into gear, but we’ll see.

Read – Sony financials [Warning: PDF]
Read – Reuters report
Read – MarketWatch

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Sony posts $1b loss, first in 14 years originally appeared on Engadget on Thu, 14 May 2009 11:23:00 EST. Please see our terms for use of feeds.

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Former Motorola CFO alleges that company lied about financial data, Santa Claus

Former Motorola CFO alleges that company lied about financial data, Santa ClausThere have been no shortage of legal wranglings in the electronics space lately, usually between two well-entrenched corporations, but this one’s a little more interesting: a former officer taking the offensive against his former office. Paul Liska, previous head of all things financial at Motorola, is alleging that the company has been misleading investors for quite some time regarding the performance of its Mobile Devices unit, and that when he raised his concerns to the board he was given an escorted trip out the building for his troubles. Moto, on the other hand, is saying that the company’s current financial mess is all thanks to a scheme concocted by Liska himself, who then attempted to blackmail the company before trying to paint himself as a whistleblower. That’s an awful lot of intrigue, but given the thrilling, cut-throat world of chartered accountancy (as depicted in Monty Python’s documentary The Meaning of Life), truly anything can happen.

[Via Phone Arena]

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Former Motorola CFO alleges that company lied about financial data, Santa Claus originally appeared on Engadget on Mon, 13 Apr 2009 08:04:00 EST. Please see our terms for use of feeds.

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The Five Best iPhone Apps for Keeping Your New Year’s Resolutions

Last weekend we suggested 10 tools for sticking to your New Year’s Resolutions. Those with an iPhone or iPod touch, though, have a few additional, always-available tools for keeping up the good self-improvement fight.

Here’s our list of five apps that make tracking, remembering, and motivating your resolutions easier than willpower alone. All of them (except RunKeeper) run on both iPhones and iPod touch models.

RunKeeper for motivating your run

Running is one of, if not the best, exercise plan for those who like immediate, measurable proof of their progress. RunKeeper, a free app that Adam used to roll his own Nike+ iPhone for free, is the data-hound’s running companion. Using the iPhone’s GPS powers, where and how far you went is mapped out (if with a few glitches), your calories burned and average speed marked, and it can all be searched through and/or synced to the RunKeeper web site. For a similar solution with a different mix of strengths and features, try Fitnio. (RunKeeper Free and Pro)

Weightbot for, well, your weight

For just $2, you can grab an app that makes measuring your body weight sort of (seriously) fun. The previously toured iPhone/iPod touch app has a really slick look to it, and takes your weight down in tenths-of-a-pound increments, along with auto-calculating your Body Mass Index. Your day-by-day progress can be graphed out and tracked against a goal weight, and if you’re concerned about friends prone to “Ooh, let me see your iPhone apps!” fever, Weightbot can be password locked before giving away the stats. (Store link)

Remember the Milk for everything else

This one’s a bit pricier, but you’re getting more than just a nagging reminder to do this or don’t do that. With a $25/year Remember the Milk Pro account, its iPhone/iPod touch app (which offers 15 free days to any account) gives you pretty much complete access to all your lists, tasks, alerts, reminders, and whatever resolution you’re plugging in. Plus, using geo-location features, you can goad yourself into stopping by Goodwill to finally drop off those clothes, since you’re already shopping in the neighborhood. As noted in its Top 10 entry, though, RTM’s real benefit is that it syncs itself everywhere at all times. So remembering to buy a better paper filing box while you’re at your desk can pay off the next time you’re in an OfficeMax. (store link)

iOwn to stop hoarding stuff

Most of us can probably do with a little less stuff, and we’re all prone to buying things we already own—I’ll point you to a drawer full of barely-used duct tape, if you’d like. iOwn is a one-stop spot for keeping track of those things you always tend to buy more of, or just want to have more details about the stuff you already have at your fingertips (does the DVD player take component cables, or just S-Video?). You can give any item as many attributes as you’d like, and the full $5 version lets you store, and backup online, as many items as you can think of (the free, Lite version is a 10-item trial). It’s pitched as a total-home organizer, but if you’ve just got one collection or acquisition habit you’re looking to reign in—spices, music, photo frames, whatever—it’s pretty indispensable. (via LA Times Blogs; iOwn free and lite links)

Mint for managing your money

Mint.com’s a streamlined webapp for graphing, tracking, budgeting, and otherwise keeping tabs on your money. Its free iPhone/iPod companion is no less a handy tool, and it’s just as secure and informative. Check your basic balances, browse your last few days’ cash flow, and peek at multiple budgets you set up for yourself from a series of sliding screens. If you fear losing your device and opening up your financial world to the thief, you can remotely deactivate the read-only tool from your Mint.com profile. If you can get your head around Mint’s money management, you’ll really benefit from this app. (Store link)

That’s our flight of five apps, but we want to hear what free or paid iPhone/iPod apps work for goals and resolutions. Share the app names in the comments.