- Sony's (NYSE:SNE) fiscal third-quarter net profit jumped 33.5% to ¥120.1B from a year earlier, heavily beating analyst expectations.
- Strong sales of PlayStation videogame titles - in addition to movies - compensated for weakness at its struggling smartphone business.
- However, Sony's device unit (which includes image sensors), recorded an operating loss of ¥11.7B, with sales hurt by flagging global demand for mobile devices and the unit's R&D efforts.
- Previously: Sony reports FQ3 results (Jan. 29 2016)