Sony’s Q1 Profit Rises By 26% Thanks To High PS5 Demands

Sony Corp. disclosed a 26.3% increase in first-quarter operating profit, owing to continued pandemic-related demand for their PS5 gaming system. Sony increased its profit estimate for the fiscal year ending March 2022 to 980 billion yen, up from 930 billion yen previously. The median approximation of 25 analysts was around 1 billion yen, which was lower than […]

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