Sony profits are rising and came to $294 million net profit for the April-June quarter. Revenue for Sony grew 3.8%. This was mostly because of rising TV and Playstation sales internationally. In this last quarter alone, Sony sold 5.1 million LCD TVs which is 59% higher than last  year’s numbers.  PS3 sales more than doubled (yay) and sold 2.4 million units. Along with these rising sales, music sales also rose with music from the hit show “Glee” and “Iron Man 2” soundtrack.  At Sony’s briefing for analysis, Sony’s new Chief Financial Officer Masaru Kato said:

 “We do have good products and good momentum, and we want to build on this so that our business keeps improving.” 

I’m glad to see a stronger demand for the PS3 because it really “does everything” and is a must own for optimal gaming and blu-ray viewing. With Sony releasing new products like their 3D TVs, Playstation Plus and pairing up with Google Inc. and Logitech International to offer internet on their TVs I think (and hope) sales continue to rise for Sony.