Strong sales of digital consumer electronic gadgets helped Sony achieve record sales and higher net profit in the financial year just-ended but shipments of PlayStation 3 (PS3) consoles missed their target, the company said today.

The company reported a net profit of ¥126.3bn (£500m) for the year from April 2006 to March 2007. That's a 2.2 percent increase on profits from the year earlier. Sales hit an all-time high of ¥8.3 trillion, up 10.5 percent over the previous year.

Compared to Sony's most recent estimates, which were revised in January, those figures are respectively 14.8 percent and 0.8 percent higher.