Sony Corp on Wednesday said quarterly operating profit jumped 16% on robust imag...
FILE PHOTO: A logo of Sony Corp is seen outside its headquarters in Tokyo, Japan, January 27, 2016. REUTERS/Yuya Shino
Operating income for the Japanese entertainment and electronics firm came in at 279 billion yen for the July-September quarter, above the 239.5 billion yen in the same period a year earlier. Sony raised its annual profit forecast to 840 billion yen from an earlier estimate of 810 billion yen. That was a tad under a consensus estimate of 848 billion yen from 23 analysts and somewhat below last year’s record profit of 894 billion yen.
Apple, for instance, added a third lens to the iPhone 11 Pro model, matching the three-camera setup on flagship models for rivals like Samsung Electronics Co Ltd and Huawei Technologies Co Ltd [HWT.UL].
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