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Technology Stocks : Apple Inc.

AAPL 278.06

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3:59 PM EST

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From: Doren	2/7/2013 2:01:19 AM
	of 213176

Sony trims quarterly loss to $115 millionUpdated 10:43 pm, Wednesday, February 6, 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. The yen has been weakening because of expectations the central bank will ease monetary policy. A weak yen generally helps Japanese exporters such as Sony by boosting overseas profits.

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