Electronics group: Playstation brings Sony well through the crisis

Strong sales of Playstation Games bring Sony well so far by the Corona-crisis - but the Japanese electronics giant is already on a decline in profits in the cur

Electronics group: Playstation brings Sony well through the crisis

Strong sales of Playstation Games bring Sony well so far by the Corona-crisis - but the Japanese electronics giant is already on a decline in profits in the current fiscal year. Among other things, Sony expects a weaker business in its camera Sensors. They come in Smartphones from many manufacturers, the mobile phone market is currently under pressure.

In the last quarter of the Playstation business was able to absorb the declines in other areas very well. The net profit rose in the end of June closed the first quarter in year-on-year by 53.3 per cent to amounted to 233.2 billion Yen (1.9 billion Euro). Sales rose 2.2 percent to 1.97 trillion Yen.

In the games section of the sales jumped up by almost a third to 606 billion Yen. For a business with video-recorded play in the pandemic, a total of strong growth, on the other, it was with "The Last of Us Part II" is a new exclusive Playstation Game. The operating profit increased from 74 to 124 billion Yen. Sony is now preparing for the launch of the Playstation 5 for the Christmas business. The sales of the current Playstation 4, the less it is already for some time.

Sony's business with films and television programmes contributed, in spite of the closed cinemas 24 billion Yen to the quarter's results - thanks to the increased revenues in the TV area. At the same time, Sony expects that the negative effects of the Corona-crisis in the film will be felt in business for two to three years.

Updated Date: 04 August 2020, 12:19

You need to login to comment.

Please register or login.

RELATED NEWS