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The only thing that stops the dust is the rain. It’s a sweet reprieve, but there is no middle ground. The land is either as dry as the Betty Ford clinic, or as wet as the ocean floor. Everything can be seen from the ridge overlooking Armadillo as John Marston gently bounces along atop...

GAMING NEWS

Sony Doubles Fiscal Year Profit Forecasts

Posted on Thursday, April 25 @ 13:00:00 PST by Alex_Osborn
Sony is projecting a major improvement this year profit-wise, bumping up its fiscal year estimation to ¥40 billion. That's asizableincrease considering the previous forecast was half that at ¥20 billion.


So why the massive jump?Games Industryis reporting that most of this has to do with the deprecation of the yen over the first three months of 2013. In addition,the performance of its financial services division is much better than they originally expected, so that's a major contributor as well.

The company plans to release its full-year financial results in just a couple of weeks on May 9th, so expect more details then.

Things are certainly looking up for Sony.

[Via]
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