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Sony cuts PlayStation 5 sales forecast to 21 million units after posting record revenue - TL;DR CNBC

Sony cuts PlayStation 5 sales forecast to 21 million units after posting record revenue

Publishing timestamp: 2024-02-14 05:35:47


Summary

Sony has cut its sales forecast for the PlayStation 5 console, expecting to sell 21 million units instead of the previous forecast of 25 million units. Despite this, Sony posted record quarterly revenue. The company also plans to partially spin off its financial services business and is looking for opportunities in the Indian entertainment market after a failed merger.


Sentiment: MIXED

Tickers: 6758.T-JPAAPL

Keywords: sony group corpearningsbreaking news: technologybreaking news: asiabusiness newsapple inctechnology

Source: https://www.cnbc.com/2024/02/14/sony-posts-record-quarterly-revenue-on-playstation-sales-boost.html


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