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Sony’s profit drops 84% to $169M as film business takes $920M write-down

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 Sony’s PlayStation business was one of a few bright spots from its latest financial report, which was over-shadowed by a near-billion dollar write-down for its film business. The Japanese tech giant posted a 19.6 billion JPY ($169 million) profit on revenue of 2,397.5 billion JPY ($20.7 billion) for Q3. Revenue was down seven percent year-on-year, but net profit sunk by 84 percent… Read More
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Author: Jon Russell

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