Sony reports big jump in sales thanks to PlayStation 4

with No Comments

17

Feed-twFeed-fb

TOKYO — Sony Corp. reported a 33.5% jump in quarterly profit as sales improved in its PlayStation 4 video game business.

Tokyo-based Sony kept its full-year profit projection unchanged Friday at 140 billion yen ($1.2 billion), which would be a reversal from red ink in the previous fiscal year.

Sony recorded a 120 billion yen ($1 billion) October-December profit. Sales for the fiscal third quarter edged up 0.5% to 2.58 trillion yen ($21.4 billion).

Sony, which also makes Bravia TVs and Xperia mobile phones, has been undergoing a marathon restructuring to focus on more profitable operations. Read more…

More about Sony, Earnings, Playstation 4, Business, and Gaming

Comments are closed.