Sony reports narrower second-quarter loss than estimated on strong PlayStation 4 sales

TOKYO (Reuters) - Japan's Sony Corp reported a second-quarter operating loss on Friday that was narrower than analysts had estimated, as blockbuster sales of its PlayStation 4 games console reduced the impact of a sluggish smartphone division. Operating loss reached 85.6 billion yen ($771 million) in July-September, compared with the 164.3 billion yen average estimate of 3 analysts polled by Thomson Reuters. In the same quarter last year, Sony booked a profit of 14.8 billion yen. ...

via Gaming News Headlines - Yahoo! News http://ift.tt/1tn3A78