Deals
Softbank Profit Doubles as IPhones, IPads Lure Users
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Softbank Corp., controlled by billionaire Masayoshi Son, doubled third-quarter profit as the Japanese mobile-phone operator lured new customers with Apple Inc. smartphones and tablet computers.
Net income rose to 65.9 billion yen ($724 million) in the three months ended December from 32.8 billion yen a year earlier, the Tokyo-based company said in a statement today. Sales gained 7.1 percent to 923.7 billion yen.