Japanese electronics giant Sony has had a tough time during the past few years. But haven't we all?
A new report states that thanks to aggressive cost-cutting, Sony is poised to post an operating profit of ¥30 billion ($383 million) for the first corner. In the same period last year, Sony posted a ¥25.7 billion ($328 million) loss.
Sony's game division has also returned to profitability. Sony has been pushing 3D and later this year will be launching its Move motion controls.
Sony likely bounced to black in first quarter [ABS-CBN News]