{"id":35882,"date":"2014-07-31T08:09:32","date_gmt":"2014-07-31T08:09:32","guid":{"rendered":"http:\/\/4cd.e16.myftpupload.com\/?p=35882"},"modified":"2014-07-31T08:09:32","modified_gmt":"2014-07-31T08:09:32","slug":"sonys-profits-jump-on-sales-of-ps4","status":"publish","type":"post","link":"https:\/\/citifmonline.com\/2014\/07\/sonys-profits-jump-on-sales-of-ps4\/","title":{"rendered":"Sony’s profits jump on sales of PS4"},"content":{"rendered":"
Sony has reported better-than-expected profit for the first quarter, helped by robust sales of its PS4 gaming console and a weak Japanese currency.<\/p>\n
Net profit was 25.7bn yen ($250m; \u00a3148m) in the three months to 30 June, up from 3.1bn yen a year ago.<\/p>\n
Sales at its gaming console division rose almost 96% during the period.<\/p>\n
Sony, which has been restructuring its business after years of losses, still expects a net loss of 50bn yen for the financial year through March 2015.<\/p>\n