People are reflected on a glass exterior of a Panasonic showroom in Tokyo Tuesday, July 31, 2012. Consumer electronics giant Panasonic Corp. said Tuesday it returned to the black in the April-June quarter, logging a net profit of 12.8 billion ($163 million) mainly on lower costs after cutting more than 38,000 jobs over the last year. (AP Photo/Itsuo Inouye)
People are reflected on a glass exterior of a Panasonic showroom in Tokyo Tuesday, July 31, 2012. Consumer electronics giant Panasonic Corp. said Tuesday it returned to the black in the April-June quarter, logging a net profit of 12.8 billion ($163 million) mainly on lower costs after cutting more than 38,000 jobs over the last year. (AP Photo/Itsuo Inouye)
Photo by Associated Press /Chattanooga Times Free Press .
published Tuesday, July 31st, 2012
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Panasonic Corp. said Tuesday it returned to the black in the April-June quarter, logging a net profit of 12.8 billion ($163 million) mainly on lower costs after cutting more than 38,000 jobs over the last year.

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