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Tuesday, August 4, 2020

Sony Earnings Win Boss Battle With Coronavirus - The Wall Street Journal

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Japanese electronics-and-entertainment giant Sony hit a new high score as people stuck at home splurged on its games. The next level already looks within reach: The company’s new videogame console arrives later this year.

Sony on Tuesday reported an operating profit for the quarter ended in June that was 63% higher than analysts’ estimates on S&P Global Market Intelligence. People holed up at home bought more games, which boosted sales at Sony’s game segment by 32%. And since many of them downloaded games instead of buying...

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August 04, 2020 at 06:10PM
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Sony Earnings Win Boss Battle With Coronavirus - The Wall Street Journal

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