Toshiba Hits $322 Million Net Profit In Q3 2012

Toshiba recently announced their Q3 2012 numbers with profits of $322 million with net sales of $14.9 billion.  A larger portion of that revenue was from Toshiba’s “social infrastructure” division which builds power plants, medical systems, and radiation detectors.  The home entertainment and computing divisions at the company is in decline.  The company expects their annual net profits to be around $1.2 billion.  [Source: Engadget]

This article was written by Amit Chowdhry. You can follow me at @amitchowdhry or on Google+ at
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