Sony expected to record its best profit in two decades

Sony’s shares have surged by 3.48% after it was reported that the company was expecting to record its best profit in two decades. From the mid-late 2000’s, Sony was losing money quarter after quarter. However, when former PlayStation president Kaz Hirai become CEO in 2012, Sony has been able to recover and focus on the things that make money, such as Sony Music, Sony Pictures (though Sony did have to do a write down last quarter), Sony Electronics, Sony Interactive Entertainment and more. PlayStation is the obvious money maker for Sony nowadays, however that does not mean that the other parts of Sony are bringing down the company as was once the case.
Source:PushSquare