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International Business Times
International Business Times
Business
AFP News

Sony Net Profit Dips On-year But Beats Estimate

Sony Hideki Yasuda United States
Sony enjoyed 'significant increases in sales' in its game and music sectors (Credit: AFP)

Sony said Tuesday that annual net profit dipped 3.5 percent on-year but beat its forecast as takings in games and music offset losses in the financial and chip sectors.

The entertainment and electronics behemoth has been in the spotlight after reports said it was working with Apollo Global Management on a potential joint bid for US film and television giant Paramount Global.

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