Sony's Q2 Profit Soars by 69% Amid Strong Gaming and Music Sales
The company's gaming division, bolstered by PlayStation 5 sales and hit games, drives significant revenue growth.
- Sony increased its full-year sales forecast to 12.71 trillion yen, citing strong performance in its gaming and music divisions.
- PlayStation 5 sales reached 65.5 million units, despite a year-over-year decline in hardware shipments.
- Game and Network Services revenue rose 12%, driven by successful third-party game sales and PlayStation Plus subscriptions.
- Sony Pictures faced challenges due to Hollywood strikes, impacting TV and film production and sales.
- The launch of the PlayStation 5 Pro aims to boost sales with enhanced features and a higher price point.