Generation: Gamerz PlayStation 3 Finally Turns a Profit

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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.

 

In : PC

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