TOKYO -- 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. The Tokyo-based electronics and entertainment giant booked a net profit of 25.7 billion yen - or $294 million at current exchange rates - for the April-June quarter, a sharp turnaround from a 37.1 billion yen loss a year earlier. Revenue grew 3.8 percent to 1.66 trillion yen. The healthier sales stemmed...
Full Story: The News & Observer
