Sony Profit Beats Estimates, Helped by Games, Cameras

BusinessWeek - Sony Corp., Japan’s biggest exporter of consumer electronics, reported third-quarter profit that beat analysts’ estimates, after earnings from the PlayStation games division doubled.

Net income dropped 8.6 percent to 72.3 billion yen ($886 million) in the three months ended Dec. 31, from 79.2 billion yen a year earlier, the Tokyo-based maker of Bravia televisions said in a statement today. That beat the 65.9 billion yen average of six analyst estimates compiled by Bloomberg.

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