Sony Corporation (SNE)
Things looking up for Sony as PlayStation 3 sales pick up
forbes.com - December 2, 2007
Submitted by -THE-RAY- (20) at 4:12AM PST on December 2, 2007
TOKYO (Thomson Financial) - Things seem to be looking up for Sony Corp. After a tough first year, sales of the PlayStation 3 (PS3) are finally gaining momentum while the company's new flat television is reviving its reputation for innovation. The iconic Japanese company, recovering from a profit slump, is enjoying brisk sales of digital cameras and other electronic goods and expects its operating earnings to soar more than six-fold this year.