Sony Corp raises profit estimates as music and games boost income

Murray Stassen

Tokyo-based Sony Corp has raised its financial forecast for the second time in the last three months, which it says is due to “an anticipated increase in financial services revenue” in addition to a boost in sales of music, digital cameras and gaming products and services.

The company estimates its operating income for the 2014 financial year, ending March 31, to be 68 billion yen ($569 million).

The forecast at the same time last year was 26.5bn yen and Sony's ...

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