Sony PlayStation video games are displayed at a Greatest Purchase retailer on December 17, 2024 in San Rafael, California.
Justin Sullivan | Getty Photos
Sony on Thursday posted an working revenue beat for its December quarter after a soar in gaming revenues.
The corporate’s consolidated working revenue hit 469.3 billion yen ($3.05 billion), versus 404.21 billion yen anticipated.
The December quarter is a key interval for Sony, masking the vacation purchasing season which is commonly a profitable time for client electronics companies. Within the earlier quarter, Sony raised its gross sales steering for the 2025 fiscal yr, revising its forecast for income up barely to 12.7 trillion yen from 12.6 trillion yen beforehand.
All eyes might be on Sony’s gaming {hardware} enterprise. In its fiscal second quarter, the agency mentioned it offered 3.8 million items of its PlayStation 5 console, down 22% year-over-year. Sony launched the PlayStation 5 Professional final yr, an upgraded model of its PS5 machine which has been out since November 2020.
Rival Nintendo reported weaker-than-expected leads to its fiscal third quarter and slashed its forecast for the Change console. The Japanese gaming large final month teased a successor to the Change dubbed Change 2. It has but to announce a value or launch date however mentioned extra particulars might be revealed on April 2.