For the first time in 5 years, Sony Corp. turned a net profit. 43b Yen/$432m/£280m to specific.
While this is nowhere near the heights of Sony 10 years ago, they are clearly moving in the right direction. With Kaz at the helm, Sony has released a strong contender in the mobile space: the Xperia Z. There is also the impending release of the PS4 later this year. It remains to be seen where Sony move forward in the Photography and Television industries but Sony have made a good start.
It is important to remember Sony have recently sold off significant buildings, generating $2.5 billion. If that’s taken into account, Sony would very much still be in the red. Thoughts?
Happy counting, My-kal | Twitter: Mykal_uk / PSN: My-kal_UK