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PS3 Sales Help Sony Get Its Q4 Game On

Price cut, new games create resurgence, $224M profit

By Jim O'Neill,  Newser User

Posted May 15, 2008 6:59 AM CDT

(Newser) – Sony reported fourth quarter profits of $277 million yesterday, driven largely by its once-sputtering PlayStation 3, which passed Microsoft's Xbox 360 and is nipping at the heels of Nintendo’s Wii. The results vastly improved on a loss of $643.6 million a year ago,...   Read full story »

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