Sony posts record April-June profit, raises FY 2018 outlook

Sony Corp. on Tuesday reported record profit for the April-June quarter on strong sales of game software and lifted its full-year outlook.The Japanese electronics and entertainment giant said group net profit for the quarter to June 30 nearly tripled from a year earlier to a record 226.45 billion yen ($2 billion), helped by a special profit from the sale of shares in Swedish streaming giant Spotify Technology S.A.Group operating profit rose 23.7 percent to a record 195.01 billion yen, boosted by solid sales of new game titles such as "God of War" for Sony's flagship PlayStation 4 console, t…READ FULL ARTICLE