Sony Forecasts Gaming Sales Drop as PS5 Ages and Memory Chip Costs Rise
Sony forecast a decline in annual sales for its gaming business as the PlayStation 5 enters a more mature stage of its life cycle and the company faces pressure from rising memory chip prices. Sony expects gaming sales to fall 6% to 4.42 trillion yen, or about $28 billion, as hardware sales slow and the […]
Sony quarterly net profit jumps but forecast unchanged
Sony’s net profit jumped in the second quarter thanks to stronger sales in gaming, music and imaging sensors, the PlayStation maker said Friday but left its annual profit forecasts unchanged. The yen’s weakness against the dollar and euro had a positive impact on takings in those key sectors, the Japanese conglomerate added. However, Sony Pictures […]
