The change in forecasts comes as Sony Corp revealed that its Q3 profits were up six per cent, and its games business reached profitability following a cut in both production costs and price of PS3. Overall operating profits were up to 189.36 billion Yen from 178.91bn Yen a year earlier. For the year to March, the company also cut its operating profit forecast to 410bn Yen from 450bn Yen.
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