Sony swings to $1.95 bn net profit as PlayStation sales soar

Sony on Friday posted a nine-month net profit of almost $2.0 billion, as strong sales of its PlayStation video games console and image sensors found in mobile gadgets help it move past years of losses. The company, along with rivals Panasonic and Sharp, has struggled in the consumer electronics business that built its global brand, including losing billions of dollars in televisions over the past decade. In a sign things are on the upswing, Sony said Friday its net profit came in at 236.1 billion yen ($1.95 billion) for the April-December period, reversing a 19.2 billion yen loss a year earlier.

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