6:16am

Thu August 1, 2013
Business

Sony Plugs Back In To Profits

Originally published on Thu August 1, 2013 10:23 am

Transcript

DAVID GREENE, HOST:

NPR's business news starts with Sony plugged into profits.

Sony reports that it's making money again. The Japanese company announced its second quarter earnings today. Most of its success though comes thanks to a favorable currency rate - a weak yen was key for Sony. Still, the company did see a little improvement in its smartphone sales and entertainment business. Net income for Sony's latest quarter was $35 million. Transcript provided by NPR, Copyright NPR.