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*Sony forecasts steady op profit of 230 bln yen for year to March 31. TOKYO, May 9- Sony Corp's bid for revival as a consumer electronics maker this business year will hinge on the fortunes of its latest smartphones, as it struggles with shrinking sales of its TVs, digital cameras and game consoles.
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*Sony forecasts steady op profit of 230 bln yen for year to March 31. TOKYO, May 9- Sony Corp forecast a drop in sales of cameras and game machines this business year as its consumer gadget business struggles despite a rebound in profit to five-year highs and a boost from the weak yen.
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TOKYO, May 9- Sony Corp said it expects operating profit to hold steady in the year to next March after rising to its highest in five years last year, as a weakening yen bolsters overseas sales and makes its consumer electronics business more competitive. Sony this business year forecast operating profit of 230 billion yen.
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*China trade data provides tailwind. TOKYO, May 8- Japan's Nikkei average hit its highest close in nearly five years on Wednesday as better-than-expected trade data from China boosted sentiment further after a record Wall Street finish overnight.
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*Toshiba sags on report of undershooting earnings guidance. TOKYO, May 8- Japanese shares hit a five-year high on Wednesday, buoyed by a record finish on Wall Street and data showing unexpectedly strong industrial orders for Germany, easing concerns over the euro zone's powerhouse.
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Shares in Toshiba Corp dropped as much as 7.8 percent to a four-week low of 497 yen after the Nikkei newspaper said the electronics conglomerate would likely post a worse-than-expected operating profit for the fiscal year ended March 31 due to weak TV sales.
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*Toshiba sags on report of undershooting earnings guidance. TOKYO, May 8- Japan's Nikkei average hit fresh five-year highs on Wednesday after the U.S. S&P 500 set yet another record high and German industrial orders showed unexpected strength, with Sharp Corp jumping on a report of screen production for the next iPhone.
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*Toshiba sags on report of undershooting earnings guidance. TOKYO, May 8- Japan's Nikkei average hit fresh five-year highs on Wednesday after the U.S. S&P 500 set yet another record high and German industrial orders showed unexpected strength, with Sharp Corp.
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TOKYO, May 8- The benchmark Nikkei average. Mitsubishi Estate Co fell 3.6 percent to 3,075 yen after the realtor said it sees lower-than-expected operating profit for the year ending March 2014.
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TOKYO, May 8- The benchmark Nikkei average. Sharp Corp, which supplies Apple Inc with screens for its iPhone and iPad, surged as much as 11 percent to a more than three-week high of 385 yen after the Nikkan Kogyo Shimbun paper said the company would begin mass production of liquid crystal displays for the next model of the iPhone 5 in June.
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SAN FRANCISCO, May 7- Electronic Arts Inc forecast fiscal 2014 earnings above Wall Street's expectations as cost cuts take hold and higher-margin digital sales accelerate, lifting the video game publisher's stock 8 percent.
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SAN FRANCISCO, May 7- Video game publisher Electronic Arts Inc reported lower total revenue and profit for the fourth quarter. Net income fell to $323 million, or $1.05 per share, from $400 million, or $1.20 per share, a year ago. Shares of Electronic Arts rose 7 percent to $19.70 in after-hours trading on Tuesday.
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Electronic Arts licensed weapons from companies like McMillan Group International as part of a marketing collaboration for "Medal of Honor: Warfighter." Electronic Arts says it is severing its licensing ties to gun manufacturers- and simultaneously asserting that it has the right, and the intention, to continue to feature branded guns without a license.
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Electronic Arts licensed weapons from companies like McMillan Group International as part of a marketing collaboration for "Medal of Honor: Warfighter." Electronic Arts says it is severing its licensing ties to gun manufacturers- and simultaneously asserting that it has the right, and the intention, to continue to feature branded guns without a license.
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NEW YORK, May 7- Long considered the best option for growth investors, technology funds have lost some of their edge. It's not just that many technology funds have large stakes in Apple Inc, whose shares have fallen nearly 23 percent over the last year as it lost share of the worldwide smartphone market to Samsung Electronics Co Ltd.
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*Smartphones for emerging markets Nokia's best bet- analyst. HELSINKI, May 7- Nokia investors told Chief Executive Stephen Elop on Tuesday that they were running out of patience with his flagging attempts to catch up with market leaders Apple and Samsung in smartphones. The transition to Windows Phone from Nokia's own Symbian system was meant to take two years.
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*Smartphones for emerging markets Nokia's best bet- analyst. HELSINKI, May 7- Nokia investors told Chief Executive Stephen Elop on Tuesday that they were running out of patience with his flagging attempts to catch up with market leaders Apple and Samsung in smartphones. The transition to Windows Phone from Nokia's own Symbian system was meant to take two years.
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HELSINKI, May 7- Nokia will unveil new models in its Asha range of mid-tier phones, after first-quarter results showed a sharp fall in sales of mobile phones while management focused on boosting sales of Lumia smartphones.
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TAIPEI, May 7- Taiwan stocks ended flat on Tuesday, hovering at a 21- month closing high, with smartphone maker HTC. The Taiwan dollar rose T $0.091 to stand at T $29.535 to the U.S. dollar. ASIA-PACIFIC STOCK MARKET REPORTS: Japan..........
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BANGKOK, May 7- Advanced Info Service Pcl, Thailand's top mobile phone operator, reported an 11 percent rise in quarterly net profit on Tuesday, mainly due to strong growth in non-voice and data services.