PlayStation 4

Sony returns to black on healthy chip, game, battery sales

Sony Corp. reported Friday a January-March profit of 27.7 billion yen ($250 million) on the back of healthy sales of image sensors, PlayStation 4 game software and batteries for mobile devices, marking a recovery from its red ink a year ago.

Tokyo-based Sony had an 88 billion yen loss in the same period last year, although that was a fraction of the red ink it had posted in years before as it contended with competition from rivals like Apple and Samsung in smartphones and other electronics devices.

Quarterly sales rose 4.4 percent to 1.9 trillion yen ($17 billion).

For the fiscal year through March, Sony's profit fell 50 percent to 73.3 billion yen ($660 million) from...

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