Playstation, TVs boost Sony to $294 million profit

TOKYO (AP) -- Sony bounced back to profit last quarter and raised its full-year earnings forecast, fueled by stronger demand for its PlayStation 3 gaming consoles, personal computers and televisions.

Sony Posts $294M Profit; Raises Outlook

Playstation, TVs boost Sony to $294 million profit

Sony profits on TVs, PlayStation

The electronics giant swung to a Q1 operating profit of $766 mil, recovering from last year's loss. The figure also beat views. Sony's result was boosted by demand for its Bravia flat TVs and PlayStation 3 game consoles. The stronger Japanese yen and increasing competition from Samsung and LG Electronics pose risks to future earnings, Sony said. It surged nearly 8% to 31.90.

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PlayStation, TVs put Sony back in black

Sony bounced back to profit last quarter and raised its full-year earnings forecast, fueled by stronger demand for its PlayStation 3 game consoles, personal computers and televisions. The Tokyo-based electronics and entertainment giant said Thursday it booked a net profit of ¥25.7 billion or $294 million at current exchange rates for the April-June quarter. That was a sharp turnaround from a ...