SONY'S PROFITS RISE AS PANDEMIC HAS PEOPLE PLAYING GAMES
Techlife News|Techlife News #470
SONY'S PROFITS RISE AS PANDEMIC HAS PEOPLE PLAYING GAMES
Profit at Japanese electronics and entertainment company Sony Corp. more than doubled in the last quarter on healthy gains in its video game sector, as people stayed home during the pandemic, the company said this week.
Tokyo-based Sony reported a 459.6 billion yen ($4.4 billion) profit in July-September, up from 188 billion yen the previous year. Quarterly sales at the maker of the PlayStation game machines, Bravia TVs, and Spider-Man movies inched down slightly to 2.1 trillion yen ($20 billion).

Sony raised its forecast for the full fiscal year to 800 billion yen ($7.7 billion) from an earlier 510 billion yen ($4.9 billion).

articleRead

You can read up to 3 premium stories before you subscribe to Magzter GOLD

Log in, if you are already a subscriber

GoldLogo

Get unlimited access to thousands of curated premium stories, newspapers and 5,000+ magazines

READ THE ENTIRE ISSUE

Techlife News #470