UPDATED 3:32 AM EST, February 7, 2013
TOKYO (AP) — Sony is still struggling but has reduced its red ink for the latest quarter to a 10.7 billion yen ($115 million) loss.
The Japanese electronics and entertainment company reported a 158 billion yen loss the same period the previous year.
Its result Thursday showed that quarterly sales inched up nearly 7 percent to 1.95 trillion yen ($21 billion) despite declining sales of gadgets such as flat-panel TVs and Blu-ray video recorders as Sony got a perk from a weaker yen.
