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Sony says U.S. electronics sales still solid

NEW YORK
Wed Mar 5, 2008 9:54am EST

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An employee walks near a Sony liquid crystal display (LCD) television at a showroom in Tokyo March 4, 2008. REUTERS/Toru Hanai

NEW YORK (Reuters) - Japan's Sony Corp (6758.T) (SNE.N) said electronics sales in the United States have been solid in the first two months of the year, despite concerns about economy, a senior Sony executive said on Wednesday.

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"We have already had a solid January and February," said Stan Glasgow, president and chief operating officer of Sony Electronics, the company's $12 billion U.S. unit, on the sidelines of a briefing with reporters in New York.

He noted that the rosy returns come after a record holiday sales season for Sony Electronics, in which it gained market share for some of its products.

At the briefing, Glasgow added that Sony expects about 5 million Blu-ray high definition movie players to sell globally in 2008, primarily in the U.S., including models made by other manufacturers.

(Reporting by Franklin Paul, editing by Gerald E. McCormick)



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