Sony profits on TVs, PlayStation (Investor's Business Daily)
Investor's Business Daily - The electronics giant swung to a Q1 operating profit of $766 mil, recovering from last year's loss. The figure also beat views. Sony's result was boosted by demand for its Bravia flat TVs and PlayStation 3 game consoles. The stronger Japanese yen and increasing competition from Samsung and LG Electronics pose risks to future earnings, Sony said. It surged nearly 8% to 31.90.

Nintendo Product News Coming in Sept., 3DS Details Likely (PC World)
PC World - Nintendo will announce details of a new product on Sept. 29, it said Thursday. The tight-lipped company wouldn't provide any more details, but with its 3DS handheld due to be launched in the coming months the chances are high it will be detailing launch and price details for the highly-anticipated product.

Playstation, TVs boost Sony to $294 million profit (AP)

AP - Sony bounced back to profit last quarter and raised its full-year earnings forecast, fueled by stronger demand for its PlayStation 3 gaming consoles, personal computers and televisions.