Connect with us

Hi, what are you looking for?

Alive Business PlanAlive Business Plan

Stock

Sony posts 73% jump in Q2 profit, keeps outlook

TOKYO (Reuters) -Sony reported on Friday a 73% rise in group operating profit in the July-September quarter, buoyed by strong sales in its game and network business.

Sony (NYSE:SONY), whose businesses includes music, movies, games and chips, maintained its profit forecast of 1.31 trillion yen ($8.51 billion) for the current year to March, largely in line with the 1.34 trillion yen estimate of 24 analysts polled by LSEG.

Operating profit for the July-September quarter soared to 455.1 billion yen from 263 billion yen a year earlier.

Profit at its game and network service business nearly tripled to 138.8 billion yen, said the company, which released an upgraded version of its flagship console offering better graphics on Nov. 7.

($1 = 152.8700 yen)

This post appeared first on investing.com
Become a VIP member by signing up for our newsletter. Enjoy exclusive content, early access to sales, and special offers just for you! As a VIP, you'll receive personalized updates, loyalty rewards, and invitations to private events. Elevate your experience and join our exclusive community today!

    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    You May Also Like

    Latest News

    The Gateway Pundit, a far-right website, published a note from its editor on Saturday acknowledging that two election workers in Georgia did not engage...

    Latest News

    New majorities in Congress, particularly when the incoming party has a new leader, offer the rare chance for the institution to take a breath...

    Latest News

    Sister Stephanie Schmidt had a hunch about what her fellow nuns would discuss over dinner at their Erie, Pennsylvania, monastery on Wednesday night. The...

    Investing

    JAKARTA (Reuters) -Indonesia has asked Alphabet (NASDAQ:GOOGL)’s Google and Apple (NASDAQ:AAPL) to block Chinese fast fashion e-commerce firm Temu in their application stores in...



    Disclaimer: alivebusinessplan.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.


    Copyright © 2024 alivebusinessplan.com