Sony expects profit of 300 billion yen ($2.75 billion) for the year through March 2017, far below the 409.1 billion yen average of 27 analyst estimates compiled by Thomson Reuters. Sony forecast its devices division, which includes image sensors, to book an operating loss of 40 billion yen, compared with the previous year's loss of 29.3 billion yen. Sony also said, without elaborating, that the expected loss at its devices segment factored in a 30 billion yen loss from cancelling development of some camera modules. Also Read: Sony logs biggest FY profit in 8 years on restructuring, gamesIts sensors appear in Apple Inc's iPhones. Sony estimated the impact from the quake on its image sensor and digital camera operations would total 105 billion yen this business year.

Source: India Today May 24, 2016 03:30 UTC