Things are looking up for Sony — 5 percent up, according toCNN Money.
Sony CEO Howard Stringer told Japanese reporters that the company is still on track for a 5% operating profit margin this fiscal year. He goes on to call the US economy “dodgy,” but says that this isn’t affecting electronics sales.
Also, it seems that their PlayStation Network will be a major point of focus over the next year. Stringer mentions that Sony plans on eventually allowing the inclusion of content from outside developers. Good; we’re more than ready for some third-party titles on the PSN.
A profit of 5 percent may not sound like a lot,especially compared to their competition, but it’s a sign of better times for Sony. Hang in there!
