Sony aims to sell 18 million PlayStation 5 consoles in its financial year ending in March 2023.
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Sony posted record quarterly profit in the all-important December quarter which encompasses the holiday season thanks to a boost from its PlayStation gaming business and financial services unit.
The Japanese tech giant beat analyst expectations by a wide margin.
Here’s how Sony did in the December quarter versus LSEG consensus estimates:
Revenue: 3.75 trillion Japanese yen ($24.9 billion) versus 3.58 trillion yen expectedOperating profit: 463.3 billion yen versus 428.4 billion yen expected
Sony’s gaming business has remained strong, as users continue to buy the flagship PlayStation 5 console. The company has previously said that it is targeting sales of 25 million PS5 units in the fiscal year that ends in March.
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