How is sony doing

It took a minority stake in Chinese video entertainment player Bilibili, and in July took a stake in Epic Games. Sony said earlier this month i. In December , Sony Pictures announced the purchase of anime streamer Crunchyroll , a move that might bolster its position in the Japanese cartoon format against aggressive rival Netflix.

But the deal is currently being examined by U. Home Biz Asia. Apr 27, pm PT. By Patrick Frater Plus Icon. More From Our Brands. Expand the sub menu Film. Expand the sub menu TV. Expand the sub menu What To Watch. Expand the sub menu Music. Expand the sub menu Awards. The PlayStation 5 edged out the PS4 in terms of early sales and there's strong demand for games and additional services. The situation in the mobile division is improving, but the image sensor division suffered collateral damage from the US-China trade war.

The smartphone business marks a small decline to 2. That quarter saw sales drop from 1. Q4 is the January-March period, which matched the year ago performance with 0. The good news operating revenue for those three months is actually slightly higher, going from JPY 70, million to JPY 74, million. Even better, Sony is continuing to reduce the operating costs of its mobile division. All of this helped the whole Electronics division to increase its operating income the former Sony Mobile a couple of other divisions were merged into Electronics.

Sony sold 3. This is slightly higher than the PS4 managed in a comparable time period after its launch and Sony is still working on increasing production to meet demand. T said on Wednesday it expects operating income to slip 4. That demand has helped Sony continue its shift from consumer electronics to entertainment content and digital subscription services and game downloads, but as more people in key markets such as the United States get vaccinated against the coronavirus those gains could wane.

Sony benefited from strong demand for its new PlayStation 5 PS5 games console last business year, which launched in core markets in November and quickly sold out. It wants to use the console to encourage online game downloads and attract subscribers. Totoki said Sony was aiming to ship more than