Recent quarters haven't been a financial success for the Japanese company, but it looks like that all could possibly change and it has much to do with the Playstation 4.
Playstation 4 has been selling like crazy in the U.S. and Europe and it's definitely the best selling console of the new generation, not that Microsoft has anything to complain about with their Xbox One sales results. Great success of the gaming console will not be enough for Sony, other parts of the company will have to start making profit if they intend to remain in profit.
This quarter Sony had a net profit of 26.8 billion yen which is a 757 percent better then the same quarter lat year. Amazing, who can even remember when some company had a 757 percent increase in profit. No matter how great these results are Sony is still expecting a yearly net loss of 50 billion yen.
Company is still in reconstruction that is the cause of layoffs and their decision to sell their Viao computer department. Smartphone sales are also not something that the company is happy with so they still have a lot of things to improve on, but hey 757 percent increase in profit is definitely a step in the right direction.
Source JOYSTIQ.
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