Sony Doubles Its Profit Forecast For Fiscal Year 2013

Things are looking rosy for Sony these days, a good thing for gamers and the industry on a whole, as the firm’s doubled its profit forecast for FY 2013 which ended March 31st, from ¥20 billion ($201 million / £130 million) to ¥40 billion ($403 million / £261 million).

This is in part the doing of the Yen’s depreciation, and the sale of 95,000 shares from Sony’s medical services subsidiary M3. Sony also sold its New York headquarters to investors led by the Chetrit Group for $1.1 billion in January.

The full report will be released on May 9th.