Sony surges after lifting outlook, Q1 profit

TOKYO, July 30 | Thu Jul 29, 2010 8:14pm EDT

TOKYO, July 30 (Reuters) - Sony Corp (6758.T) shares rose 4.8 percent to 2,735 yen on Friday after the company on Thursday lifted its annual outlook and returned to profitability in the first quarter on booming demand for its Bravia flat TVs and PlayStation 3 game consoles. [ID:nSGE66S0B7]

Sony, the world's second-largest camera maker after Canon Inc (7751.T), reported April-June operating profit of 67 billion yen ($766 million) versus the consensus for a 13 billion yen loss in a poll of four analysts and a loss of 25.7 billion yen a year ago. [ID:nTOE66R02W] (Reporting by Elaine Lies)

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