Reported 2 months ago
Sony reported a 10% increase in operating profit for the April-June quarter, amounting to 279 billion yen, surpassing analyst expectations due to the strong performance of its image sensor business. This profit boost, driven by foreign exchange impacts and increased sales, led Sony to raise its full-year profit forecast by 3%. Despite selling fewer PlayStation 5 units than the previous year, the company's gaming sector remained profitable, although the overall outlook is cautious amid fluctuating currency rates and potential global economic downturns.
Source: YAHOO