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Companies

Sony logs record Q3 profit but cuts revenue outlook

Weak smartphone and camera forecasts add to concerns over PS4 successor

Sony's gaming business was lifted by a string of hit titles but investors are watching the company's upcoming hardware lineup. (Photo by Takaki Kashiwabara)

TOKYO -- Sony reported record profits for the April-December period on Friday but cut its revenue outlook for the fiscal year, due mainly to weaker-than-expected sales of cameras and smartphones.

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