TOKYO, Jan 28 (Reuters) - Sony Corp (6758.T) will likely post an operating profit of about 100 billion yen ($1.1 billion) for the October-December quarter, helped by a recovery in its video game and LCD TV operations, the Nikkei newspaper said.

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While Sony has been widely expected to post its first profit in five quarters, the Nikkei's estimate is higher than the market consensus for an operating profit of 74.2 billion yen in a poll of 7 analysts by Thomson Reuters I/B/E/S. [ID:nTOE60O04R]

Sony has seen sales of its PlayStation 3 game console grow sharply after a price cut earlier last year. The video game business will post its first operating profit in four quarters in the October-December period, the Nikkei said.

The electronics giant has also enjoyed strong sales of LCD TVs and payroll cuts and consolidation of facilities have helped that business return to the break-even level on an operating basis, the Nikkei said. (Reporting by Nathan Layne) 

http://www.reuters.com/article/idUSTOE60Q0B620100127

Good for them, glad to see that their changes over the past year have made an impact

In before FUD responses

Only a 1 billion USD profit? I guess I shouldn't complain, as it's been so long since they have been profitable.

Great post, thanks for the heads up man ^^.

lol and it's still never enough. right on sony right on, now I'm gonna love to see the spins on ps3 numbers now.

good stuff

Great news. Healthier market means more growth, more new jobs and those retaining jobs. Not to mention i love me some Sony videogames.

Now lets hope they have put the terrible last couple years behind them and are turning a page., this was the holiday quarter afterall.

does that mean there game division was proftable or does that mean all electronics.

I do believe Sony will continue to gain momentum for awhile longer, so it's only a matter of time before people are forced to admit it's victory over the 360. They won't be able to spin the numbers any other way. :P