Toshiba's 2012 Q3 makes $322 million net profit, sees a future in nuclear
Toshiba's latest numbers may not reach the dizzying heights of last quarter, but at least it's not back to filling out its spreadsheets in red pen. The company is announcing profits of $322 million from net sales of $14.9 billion. A big chunk of that change came from Tosh's "social infrastructure" division, which produces power plants, medical systems and radiation detectors -- while its home entertainment and computing divisions sat and watched profits continue to decline. Toshiba has maintained the cut-back forecast it made in October, expecting annual net profits to be around $1.2 billion, more than enough for it to send you a cute bug-eyed robot for your next birthday.
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