Financial

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Sony: It Aint So Bravia, PSN Hack A Costly Affair

Good news were slim picking at Sony today, with recent earthquake, PSN hacking and falling sales in most segments the order of the day. However, despite this Sony's TV sales actually witnessed a rise over the period to March 31 to US $43,045m. This 16 per cent jump was due to a "significant increase" in unit sales that came mostly from the Asia-Pacific and other regions, selling 22.4 million over the past year.
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Buffett Pumps $1bn Into Apple

Legendary investor, Warren Buffett has lifted his stake in Apple by a cool $1 billion. Apple stock closed higher on Monday after it was revealed that Buffett's Berkshire Hathaway outfit had taken the $1 billion bet on Apple stock earlier this year, boosting the iPhone maker's market value by more than $18 billion.