Sony Sets Revenue Record For Q3, Cites Strong PS2 Sales
It's clear that the Christmas season was good for the game industry, and Sony affirmed that today by raising its outlook for the current fiscal year, which ends March 31.
Citing strong sales of the PS2 and the weak yen, Sony said it beat its profit expectations for fiscal Q3, which ended December 31. The company took in 2.29 trillion yen in revenue, setting a new record for Sony.
As a result, Sony has lifted its forecast for the year's operating profit by 8 percent, to 130 billion yen (about $1 billion). The company also said it expects to post sales of 7.55 trillion, up 3 percent from its ealier forecast.
