Sony posts record annual profit boosted by chips and all-time high PlayStation 5 sales
Publishing timestamp: 2023-04-28 09:46:21
Summary
Sony posted record annual operating revenue, helped by its chip division and sales of its flagship PlayStation 5 gaming console. The company sold 19.1 million PlayStation 5 consoles in the financial year, beating its own forecast of 18 million. Sony's gaming division was one of its biggest profit drivers for the year, bringing in operating profit of 250 billion yen, although that was down 27% year-on-year. The company also saw profits jump in its image sensor and music businesses. Sony forecast its sales for the current fiscal year to be roughly flat versus last year, with operating profit down 3% year-on-year. The company aims to sell 25 million PS5 units in the current financial year.
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Keywords: sony group corp, business news, game consoles, technology, earnings, games, video games,