Latest News

Sony hikes profit forecast but says PS5 sales to slow
Sony hikes profit forecast but says PS5 sales to slow
Economy
by  AFP

Japan's Sony upgraded its annual net profit forecast on Wednesday but trimmed its PlayStation 5 unit's sales target, with the flagship console currently in its fourth year on the market. The conglomerate now predicts a full-year net profit of 920 billion yen ($6.1 billion) instead of its previous target of 880 billion yen.