Sony Achieves First Annual Profits After 5 Years (9th May-2013)

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Sony's Economic Spokesperson ultimately Reports an annual profits for the first time since 2008. According to source the reports comes out positive due to belt-tightening and a wave of good fortune for exporters brought about by the weaken Yen (Japanese Currency) against US Dollar. 

The Tokyo-based electronics and entertainment giant said Thursday it had booked a net profit of ¥43.0 billion, or $458 million, in the financial year through March, compared with a loss of ¥456.7 billion a year earlier, making 2012 its first full year in the black since 2008.


Source- The New York Times
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