Published 2 months ago

Japan’s Sony reports surge in profit on strong sales of movies, games and music

Sony's profits are expected to decrease due to declining PlayStation 5 sales, further impacting by not addressing a rumored Paramount bid.
Significant sales increases were seen in Sony's game and music sectors.
Despite a 3.5% decrease in annual earnings, Sony exceeded profit forecasts with 970.6 billion yen for 2023-24.

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Associated Press News

Japan's Sony reports surge in profit on strong sales of movies, games and music

Sony has reported that its profit surged 34% in the last quarter from a year earlier on strong sales of its video games, music and movies.

2 months ago·United States

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Hindustan Times

Japan's Sony Group posts 7% fall in annual profit

Profit for the year ended March was 1.2 trillion yen ($7.67 billion), in line with an average estimate from 23 analysts polled by LSEG.

2 months ago·New Delhi, India

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abc News

Japan's Sony reports surge in profit on strong sales of movies, games and music

Sony has reported that its profit surged 34% in the last quarter from a year earlier on strong sales of its video games, music and movies

2 months ago·United States

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KRDO

Japan's Sony reports surge in profit on strong sales of movies, games and music

By YURI KAGEYAMA AP Business Writer TOKYO (AP) — Sony has reported that its profit surged 34% in the last quarter from a year earlier on strong sales of its video games, music and movies. A weak yen also boosted the value of Sony’s overseas earnings. The Japanese electronics and entertainment company said Tuesday its quarterly profit totaled about $1.2 billion. Sales for the maker of the PlayStation game machines rose 14%. The company’s overall …

2 months ago·Colorado Springs, United States

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Channel News Asia

Sony posts 7% fall in annual profit, narrowly misses PS5 target

TOKYO :Japan's Sony Group reported a 7 per cent fall in annual operating profit on Tuesday, hit by the performance of its financial business.Profit for the year ended March was 1.2 trillion yen ($7.67 billion), in line with an average estimate from 23 analysts polled by LSEG. Sony said it sold 20.8 mil

2 months ago·Singapore

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