It's finally paying off. Sony's risky gamble with the PS3 is finally netting the Japanese electronics company some green. Sony's third fiscal quarter had a 25% rise in net income to 200.2 billion yen ($1.9 billion) for the entire company. According to the NY Times, the typically loss-driven games division also generated some profit due to reduced production costs.Still, Sony has had to lower its PS3 sales goal for the fiscal year ending in March from 11 million to a less lofty one of 9.5 million. The company has managed to sell 4.9 million consoles from October to December of 2007 -- that's quite a significant number of consoles! Sony's other system, PSP, is becoming increasingly important to the company -- its sales goal has been raised from 10 to 13 million units.
With further reductions to the cost of manufacturing, and an ever-increasing library of games and Blu-ray movies, it looks like things are finally looking up for the once-beleaguered company.
[Thanks, Michael A.! Via Engadget]
