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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.
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