Sony just posted its earnings for the 2015 financial year; the company’s revenue was down 1.3 percent to 8.1 trillion yen (about $71.7 billion), but net profit grew 666.7 percent to 304.5 billion yen ($2.7 billion) and operating profit was up 329 percent to 294.2 billion yen ($2.6 billion). The company says the revenue dip was largely down to a major decline in smartphone sales, partially offset by the PlayStation division.
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This article originally appeared on Recode.net.
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