replica Coach Sunglasses Philips net profit fell 3

Philips last month that the television business to break even this year is difficult,chanel sunglasses replica, and the fifth consecutive loss. Competitors such as Sony and Panasonic have cut prices,Versace Sunglasses discount, increase in pressure makes the Philips TV business. In order to compete with local suppliers, Philips has outsourced some production capacity.

took office this month, Philips CEO Frans van Houten (Frans van Houten) has to solve the TV business as a top priority of his predecessor over the past decade did not make progress in this area. Philips said it would be incorporated into television business with TPV Technology, a joint venture company, and ceded control to retain only 30% of the shares.
as the biggest source of income Philips consumer business in the first quarter operating profit of 104 million euros, down from a year earlier to 1.62 billion euros. TV services will be treated as discontinued operations.
Philips sales in the first quarter of 5.26 billion euros, an increase of 6.2%.

SAN FRANCISCO, April 18 pm news, Philips today announced that its first-quarter revenue grew 6.2%, but net profit fell 31%. The company also expects its 2011 Japanese seismic performance will be adversely affected.

expected van Houten, Japan earthquake will be the company's revenue and supply chain impact, and therefore will face an unfavorable situation in 2011.




Philips health sector in the first quarter operating profit of 138 million euros, higher than the same period last year to 1.03 billion euros. Lighting business in the first quarter operating profit of 152 million euros, down from 204 million euros a year earlier.

Philips first quarter net profit of 137 million euros (about 200 million U.S. dollars), equivalent to earnings per share were 0.14 euros, down from 200 million euros a year earlier. Analysts had on average expected net profit in the first quarter was 1.72 billion euros.
Philips is expected, as the company's focus to more profitable areas of lighting and medical products, and the faster growth markets India and Brazil, the company's earnings per share by 2015 growth rate will reach double the sales growth. During this period, excluding acquisitions, disposals and exchange rate fluctuations,replica Coach Sunglasses, the company's revenue growth than expected global economic growth by 2 percentage points higher. But not included in the television business is expected. (Ding Hong)