Sony reports profits well ahead of forecast

IDG News Service |  Business Add a new comment

April 27, 2006, 9:59 AM — Sony Corp. on Thursday reported higher sales and profits for the year to the end of March, beating its own forecasts.

Sales of products like flat-screen LCD (liquid crystal display) televisions and the widespread availability of the PlayStation Portable (PSP) during the year helped boost its key electronics and gaming segments.

The company reported a net profit for the year of

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