Reported 28 days ago
Sony's shares surged by 9% in Tokyo following the announcement of impressive results from its games and music divisions, with a 37% increase in quarterly profit for its gaming unit and PlayStation 5 sales reaching 9.4 million units during the holiday season. Analysts highlighted PlayStation's dominant position in the gaming market and referenced robust software sales, despite a lack of major title releases. Sony also plans to repurchase up to 30 million shares as it prepares for leadership changes.
Source: YAHOO