Sony Says Will Swing to $376.5 Million Profit This Year
Sony on Thursday said it would swing to a $376.5 million profit in its current fiscal year ending March 2013, promising a turnaround after years of losses at the Japanese electronics giant.
The company said it expected to book earnings of 30.0 billion yen ($376.5 million) for the year, as it embarks on a massive corporate overhaul to revive its struggling business.
Source: Agence France Presse
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