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Sony logs record highs in sales, operating income DUBAI, 4 hours, 43 minutes ago Sony Corporation said its consolidated sales income grew 9 per cent in the financial year 2020while the operating income grew 15 per cent year-on-year against the same period last year, both touching record highs. The company has attributed the robust growth to the Game & Network Services (GNS) and Financial Services segments. Concluding March 31, 2021, the recorded operating income for FY20 was $9.1 billion up by 15 per cent from $ 7.96 billion (¥845 billion) in FY2019. Meanwhile, sales amounted to $ 84 bil...

After only more than five months since PlayStation 5 was launched, Sony’s new-generation console has proven to be a massive success in the market. It already sold 7.8 million units, helping Sony’s gaming division post its biggest fiscal year yet. PS5 unit sales helped Sony achieve a record-breaking fiscal year Sony revealed its financial results for the fiscal year 2020, ending March 31, which confirmed that it sold 7.8 million PS5 consoles since it was released last November. The document shows there were 4.5 million unit sales for the new-gen hardware in Q3 (ending Dec. 31, 2020) and 3....

The launch of the PlayStation 5 and a solid line-up for PlayStation 4 helped drive a strong year for Sony Corporation. The company released its financial results for the full year ending March 31, 2020, which shows revenue growth in all but two of its divisions -- led, as usual, by the Game & Network Services segment, which operates PlayStation. Buried within the report, Sony revealed PS5 has shipped 7.8 million units into retail since launching in November. This includes 4.5 million during its launch quarter and 3.3 million in the three months ended March 31. While Sony only reports on shipm...

Bank it. Updated on 28 April 2021 PlayStation had its best ever financial year, Sony has reported. PlayStation 5 sales hit 7.8m as of the end of March 2021. That's ahead of where the PS4 was (7.6m sales) in the same timeframe, but it's worth noting the PS5 is severely supply constrained, and remains out of stock at most retailers. Eurogamer news cast: is Sony's U-turn on PS3 and Vita games just delaying the inevitable? Sony's Game & Network Services (G&NS), which includes PlayStation, saw sales of 2656bn yen (£17.5bn), and an incredible 342.2bn yen (£2....

Wednesday, April 28, 2021 Sony’s Game & Network Services division is celebrating its best year ever with 7.8 million PlayStation 5 consoles shipped as of March 31, 2021. Results published for the fiscal year reveal a 34 percent year-on-year increase in sales. Operating income increased from 103.8 billion yen to 342.2 billion yen. Sony attributes this “significant increase” to an increase in game software and hardware sales following the PS5’s launch as well as an increase in PS Plus subscribers. However, the increase in operating income was “partially offset by a loss resulting fro...