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Sony confirms Q3 net profit, annual loss

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Sony on Tuesday said its net profit for the three months to December more than tripled from a year earlier, but confirmed it was on course to incur an annual loss.

Let's hope this encouraging news is the start of a true turn-around for Sony. Sony once represented the best of Japan -- true, game-changing innovation combined with superior quality. It would be great to see them attain that kind of success again. Japan could use it, both financially and psychologically.

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