Sony Gets 73 Percent Increase in Profit, Its PS5 Sales Cross 6.5 Crore Units

Operating profit of Japanese consumer electronics company Sony has increased by about 73 percent in the third quarter. There has been an increase in sales in the music segment of the company. Sony is also getting good profits from the gaming segment. However, the demand for its image sensors has decreased in North America.

Sony’s PlayStation 5 sales have exceeded 65 million units. The company said that its net revenue could be more than $ 83 billion in the year ending in March. This is slightly higher than its previous forecast. Bloomberg’s Report According to , Sony’s PlayStation 5 sales were around 38 lakh units in the September quarter. Apart from creating content related to entertainment, the company also supplies its smartphone components to big device makers. These include American smartphone maker Apple and China’s Xiaomi.

Earlier this month, Sony launched PlayStation 5 Pro. It has twice the storage as the PS 5, along with an upgraded GPU, advanced ray-tracing, and artificial intelligence (AI) upscaling technology for better image quality. Along with this, the company had also given information about more than 50 games that have been enhanced for it. The price of PS 5 Pro is around $700. With this, customers can buy an attachable disk drive for around $80 and a vertical stand for around $30. It has been made available in select markets. It can be purchased in white and black colors. There is also a limited edition gray color option for this.

The PS 5 Pro has some upgrades in hardware compared to the PS 5. It has better frame rates and higher resolution. PS 5 Pro has AMD Ryzen Zen 2 as its CPU. However, it has better RDNA graphics than the PS 5 with a GPU compute performance of 16.7%. It has 16 GB of GDDR6 memory and an additional 2 GB of DDR5 RAM for system tasks. PS 5 Pro has 2 TB storage. Sony’s business is growing rapidly in the country. Sony’s consumer electronics business can achieve a revenue of one billion dollars in the current financial year. Over the past few years, Sony has diversified its business beyond television.

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Also read:
Gaming, Demand, Smartphones, Profit, Market, Sony, Entertainment, Xiaomi, Music, Japan, Apple, PlayStation 5, Graphics, Sales

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Arvind Patel, hailing from Ahmedabad, is an avid gamer who turned his hobby into a career. With a background in marketing, Arvind initially worked with gaming companies along with top new agencies to promote their products. His articles now focus on market trends, game marketing strategies, news, and the business side of the gaming industry.