sony earnings

Sony Earnings Fall 8.6% on Strong Yen and Declining TV Prices

Sony's quarterly profit dropped 8.6% as a strong yen and falling TV prices erased the boost the Japanese electronics and entertainment company got from its hit movie "The Social Network."

Sony Earnings: Electronics Giant Returns to Profit

Sony reported on Thursday that it swung back to profit in its first quarter on strong sales of television, computers and PlayStations. The company also raised its full-year earnings forecast. The electronics giant earned a net profit $294 million for the quarter.