Sony posts 40% rise in Q1 profit, beating estimates
Sony lifted its full-year profit outlook to 1.72 trillion yen after quarterly operating profit rose 40%, driven by gaming and image sensors.
9 Articles
9 Articles
A thriving video game and image sensor business has given Sony a strong profit jump in the past quarter.
The Toronto Star
Japan’s Sony sees profit grow on demand for games, but quake damage still unclear
TOKYO (AP) — Sony Group Corp. reported a 32% profit growth in the fiscal first quarter Friday while warning of a negative impact from the earthquake that hit southwestern Kumamoto earlier this week.
Sony is raising its expectations and expects a profit of 48.4 billion kroner for the full financial year.
Sony Profit Up 32% as Playstation Stays Strong While Film, TV Lag
Playstation remains the top moneymaker for Sony as its games division brings in $1.25 billion in operating income. Sony Pictures, which had no major hits this past quarter, saw a 3% decrease in revenue with operating income of $154 million. The studio’s third quarter is likely to be far more lucrative as “Spider-Man: Brand New Day” is projected for a $2 billion-plus global theatrical run While Sony’s film division is about to see a huge windfall…
Sony posts 40% rise in Q1 profit, beating estimates
TOKYO, July 31 (Reuters) - Sony reported on Friday a 40% rise in first-quarter operating profit, beating analyst estimates, boosted by the performance of its gaming and image sensors businesses. Profit in the April-June quarter was 476.5 billion yen ...
Coverage Details
Bias Distribution
- 50% of the sources lean Left
Factuality
To view factuality data please Upgrade to Premium
