Tag: Japanese profit

Updated:Sony swings to $1.4 bn full-year profit as PlayStation sales soar

TOKYO ,Japan (AFP) — Sony on Thursday posted a full-year profit of $1.4 billion, as strong sales of its PlayStation video games console helps the firm move past years of eye-watering losses. The figures may be a sign that things have finally turned for Sony, which has been clawing back to profitability with a painful restructuring that included layoffs and selling off assets, including its Manhattan headquarters and laptop division. The company, along with rivals […]