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Sony Plugs Back In To Profits

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Sony Plugs Back In To Profits

Business

Sony Plugs Back In To Profits

Sony Plugs Back In To Profits

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Sony reported Thursday that it's making money again. The Japanese company announced its net income for the latest quarter was $35 million. Much of its success came thanks to a favorable currency rate — a weak yen was key for Sony. Still, the company did see a little improvement in its smart phone sales and entertainment business.

DAVID GREENE, HOST:

NPR's business news starts with Sony plugged into profits.

Sony reports that it's making money again. The Japanese company announced its second quarter earnings today. Most of its success though comes thanks to a favorable currency rate - a weak yen was key for Sony. Still, the company did see a little improvement in its smartphone sales and entertainment business. Net income for Sony's latest quarter was $35 million.

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