Sony cuts Q2 2012 losses to $198 million, bumps revenue to $20.6 billion thanks to mobile

Engadget: Sony is projecting a slight drop in revenue for its fiscal year ending in March 2013, from $85 to $83 billion compared to August’s forecast. But the company kept its operating income projection unchanged at $1.6 billion — thanks to new acquisitions like cloud gamer Gaikai and Olympus, along with such products as the new 84-inch 4K LCD TV and revised PS3 gaming console. (Industry, PS Vita, PS3, PSP)

Read the original here: Sony cuts Q2 2012 losses to $198 million, bumps revenue to $20.6 billion thanks to mobile

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