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Sony stock up 11% thanks to new mobile announces

Just a little blip for you: Sony's stock has risen 11% after being upgraded by Japanese analyst Daiwa. Unfortunately, it has nothing to do with games, with Reuters reporting that Sony's recently announced line of Xperia Android phones have proved seductive enough to convince investors that Sony Mobile might finally get its act together. Still, broad corporate health means less reason for Sony to consider cost-cutting in the PlayStation division, so it's good news.

Thanks, monu-mental.

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Brenna Hillier avatar

Brenna Hillier

Contributor

Based in Australia and having come from a lengthy career in the Aussie games media, Brenna worked as VG247's remote Deputy Editor for several years, covering news and events from the other side of the planet to the rest of the team. After leaving VG247, Brenna retired from games media and crossed over to development, working as a writer on several video games.

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