Sony PlayStation games are displayed at Best Buy Store on December 17, 2024 in San Rafael, California.
Justin Sullivan Gety pictures
On Thursday, Sony raised revenue and profits for the full year after reporting a big leap in games sales for the third fiscal quarter.
Here is how Sony did in the quarter of December compared to the estimates of analysts that Lseg collected:
- Revenue: 4.41 Japanese trillion Japanese ($ 28.6 billion), compared to 3.77 trillion yen. This increased by 18 % on an annual basis and a victory over analysts’ expectations.
- Operating income: 469.3 billion yen, compared to 404.21 billion yen expected. This increased by 1 % on an annual basis, and analysts were estimated.
Sony said she is now expecting her sales for the fiscal year 2024 to 13.2 trillion yen, an increase of 4 % over her forecast in November. The Japanese technology giant also raised its perception of 2 % annual operating profits to 1.34 trillion yen.
The company noted that sales in the Games and Network Services Department amounted to 237.9 billion yen in the third financial quarter, as it increased by 16 % on an annual basis. This has been strengthened by increasing sales of both control and non -partisan control games, including additional content.
Sony sold 9.5 million units of the PlayStation 5 control unit in the quarter of December, from 8.2 million in the same period last year. This up to the total PS5 sales of life to 74.9 million units, based on the results of Sony for the last quarter in addition to previous years.
The quarter -month of December is a major period for Sony, which covers the famous holiday shopping season, which is often a profitable time for consumer electronics companies.
In the previous quarter, Sony Her sales instructions for 2025 were raised The fiscal year, review its expectations for revenues up to 12.7 trillion yen from 12.6 trillion yen.
All eyes were on Sony games on Thursday. In the second quarter of the fiscal year, the company said it sold 3.8 million units of the PlayStation 5 control unit, a decrease of 22 % on an annual basis.
Sony PlayStation 5 Pro released last year, a copy that was promoted from its PS5, which came out since November 2020.
competition Nintendo I mentioned Weaker results than expected in the third quarter of the financial And reduce its expectations for the unit of switching. The Japanese Game giant disturbed last month Khalifa for the key called Switch 2. It has not yet announced the price or date of issuance, but more details will be revealed on April 2.
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