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Raxxmorz

Financial Information On Demand

Business

“The World Is Turning On PlayStation” [SONY]

July 27, 2026

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Business

“PlayStation maker Sony overcomes memory crunch to post 22% jump in profits”

February 11, 2026

“…Sony also raised its annual revenue projection by 300 billion yen to 12.3 trillion yen, or 3%, while keeping its estimated losses from U.S. tariffs at 50 billion yen. Meanwhile, the board approved increasing the share buyback program to 150… Continue Reading…

Business

“Sony hikes price of aging PlayStation 5 console in Japan by 19%”

September 5, 2024

“Sony said its suggested retail price for the PlayStation 5 is 79,980 yen, or $553, up 19% from the previous price. The hike will take effect from Sept. 2. Sony cited a challenging external environment, including fluctuations in the global… Continue Reading…

Business

“Sony to lay off 900 workers from PlayStation division, or 8% of unit’s global workforce”

February 29, 2024

“Sony Interactive Entertainment on Tuesday said it will lay off about 900 employees in its PlayStation unit, or 8% of its global workforce, becoming the latest technology company to announce headcount trims… He added that employees across all of the company’s… Continue Reading…

Economy

“India’s Zee Entertainment pops 10% on report that $10 billion merger with Sony is being revived”

February 26, 2024

“Shares of India’s Zee Entertainment jumped more than 10% on Tuesday after a report that its $10 billion merger with Japanese tech giant Sony could be revived. The Economic Times, an Indian news publication, reported on Tuesday that Zee had re-engaged with Sony in a… Continue Reading…

Business

“Sony profit slumps 29% on chip weakness but maintains 25 million unit PlayStation 5 target”

November 9, 2023

“Sony on Thursday reported a 29% drop in operating profit in the fiscal second quarter as the Japanese electronics giant suffered from weakness in its imaging sensor — or chip — business. Here’s how Sony did in the September quarter versus… Continue Reading…

Business

“sony raises forecast on PlayStation gaming growth but profit drops 31% in first quarter”

August 9, 2023

“Sony on Wednesday reported a 31% fall in profit in the first fiscal quarter as its life insurance unit dragged on its bottom line, but the company raised full-year sales forecasts on the back of expected strength for its PlayStation gaming… Continue Reading…

Stocks

“Sony shares tank over 12% after Microsoft and Activision’s $68.7 billion tie-up plan”

January 19, 2022

“Sony shares fell more than 12% in Tokyo on Wednesday after Microsoft announced plans to buy Activision. Investors likely fear rising competition to Sony’s PlayStation division as well as the potential for Microsoft to pull some popular games from the Japanese entertainment giant’s platforms.… Continue Reading…

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