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Sony Posts Strong Quarterly Earnings

For its fiscal third quarter, Sony just posted net income of about $1 billion on revenue of $21.5 billion -- up 33.5% and 0.5% year-on-year, respectively. “Those figures surpassed analyst expectations -- according to a FactSet poll -- and follow a decent quarter of business in Q2 2015, which include a slim $280 million profit. However, Sony continues to struggle on mobile,” TechCrunch reports.

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