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Sony increases earnings estimate for fiscal year ending March 31


Sony has announced that its raised its earnings estimates for the fiscal year that ended in March, thanks mainly to the performance of PlayStation, along with its high sales of camera sensors.



Sony, estimates an operating profit of 68 billion yen ($569 million) in the year ended March 31, compared with 26.5 billion yen ($221 million) a year earlier.

Its previous estimated operating profit was 20 billion yen, while analysts estimated around 50.3 billion yen. 

Are things finally looking up for Sony?


Edited On 22 Apr, 2015

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