You are here

Sony videogame sales help it swing to Q2 operating profit

Thursday, October 29, 2015 - 14:54
SonyCrowd291015.jpg
Sony Corp swung on Thursday to a quarterly operating profit as strong videogame sales helped to offset a fall in smartphone sales and as the year-ago quarter had seen a big impairment charge.

[TOKYO] Sony Corp swung on Thursday to a quarterly operating profit as strong videogame sales helped to offset a fall in smartphone sales and as the year-ago quarter had seen a big impairment charge.

Sony's operating profit for July-September came to 88 billion yen (US$729 million), slightly above the 87.3 billion yen average estimate of nine analysts surveyed by Thomson Reuters. In the same quarter last year, it booked a loss of 85.6 billion yen.

REUTERS