Friday 27 April 2018

Sony's business stabilizes with strong PS4 game sales

Sony's latest earnings reveal a simple truth: former CEO Kaz Hirai left the company in a relatively good position. In the full year leading up to March 31st, 2018, the company raked in revenue of 8,544 billion yen (roughly $78.1 billion) and operating income, or profit, of 734.9 billion yen (roughly $6.7 billion). The latter figure is a huge improvement over the $2.6 billion it managed to pull in last time. The bump, however, was expected; in the last financial year, Sony's camera imaging business was rocked by the 2016 Kumamoto earthquakes. Now, that crucial division is back at full strength.


Sony's business stabilizes with strong PS4 game sales posted first on https://www.engadget.com

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