{tag [News]} {tag [PS3]}
According to a report on Bloomberg.com, Sony's PlayStation 3 is finally profitable.
Sony reported record quarterly earnings after the event, including a corporate wide net income increase of 25% and a 9.6% increase in sales.
Sony stock had plummeted 16% on the Tokyo Stock Exchange early this year along with that of other Japanese electronics makers, including Nintendo, whose stock has dropped 21% this year. Nintendo's stock value doubled in 2006 and again in 2007.
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