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Film unit fuels Sony's fiscal second quarter


October 26, 2007 Sony turned in a strong fiscal second-quarter financial report Thursday, as the conglomerate's bottom line got a boost from its Hollywood studio, which swung to a profit thanks to such hits as "Superbad" and "Spider-Man 3," as well as the continued turnaround in its electronics division. However, its video game unit continues to post losses, and Sony confirmed that it will miss earlier sales targets for the PlayStation 3. Overall, it was good news for a company that has recently been making headlines for the wrong reasons, including a recall of faulty battery packs for laptop computers and delays in the launch of the PS3 console.

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