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PlayStation 5 Sales Disappoint
For the fiscal year ending 3/31/2024 Sony Group (NYSE: SONY) reported that its Games and Network Services division had revenue of Â¥4,267,734 (about $27 billion), up 17% over the previous fiscal year. However, for the fourth quarter revenue was flat compared to the previous year at Â¥1,097,331 (about $7 billion). For the full fiscal year, Sony sold 20.8 million PlayStation 5 units, below its previous estimate of 25 million (lowered to 21 million in February). Hardware sales…..
Sony Announces Upcoming Portable PlayStation
At the recent online PlayStation Showcase, Sony Interactive Entertainment announced Project Q, a dedicated device launching later in 2023. Project Q is a portable device with an 8-inch LCD screen that will allow users to stream and …..
PlayStation 5 Sales Set Record
The Games and Network Services division of Sony Group (NYSE: SONY) reported a 61% year-to-year revenue increase for the fourth quarter ending 3/31/23. Game hardware revenue was up 180% as Sony sold 6.3 million PlayStation 5 systems. Network services revenue was up 14%, while software was up 11%. Analysis This was the news everyone was waiting for. After Microsoft repor…..
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