PS5 hardware sales hit quarterly high, but that isn't good enough for Sony
The company hoped to sell 25 million consoles during the current fiscal year, but feels that target is now out of reach.
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The company hoped to sell 25 million consoles during the current fiscal year, but feels that target is now out of reach.
Profits for Sony Pictures surged 56% to $281 million in the third quarter of 2024, thanks to licensing revenue, home entertainment sales and Crunchyroll.
Despite selling more PS5 consoles this quarter, Sony is decreasing its forecast of sales.
Japanese electronics titan Sony lifted its full-year net profit and sales forecasts on Thursday, citing strength in the company's gaming, music and image-sensor sectors.
Sony Group Corp (NYSE: SONY) reported second-quarter FY23 sales growth of 8% year-on-year to $19.58 billion (¥2.83 trillion), beating the consensus of $19.39 billion.