Sony's music division posts $109m operating profit in Q1

Tom Pakinkis

Sony Corp’s music division posted an operating income of 10.8 billion yen (approx. $109 million, £72.3m) in Q1 of its 2013 financial year.

The figure was up from 7.3bn yen (approx. £48.8m) at the same point 2012 – an increase of around 48%.

Meanwhile sales saw a +13.3% change in yen year-on-year from 98.8 billion yen to 112.0 billion yen ($1.131m, £721,393).

Sony Corp overall posted an operating income of 30.1 billion yen year-on-year to 36.4 billion yen ($367m, ...

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