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Sony PlayStation games are shown in a Best Buy store on December 17, 2024 in San Rafael, California.
Justin Sullivan | Getty images
Sony on Thursday increased income and profit forecasts throughout the year after informing a significant leap in games sales for the third fiscal quarter.
This is how Sony did it in the quarter of December compared to the estimates of the analysts compiled by LSE:
Sony said that now he hopes that the sales of his fiscal year 2024 reach 13.2 billion yen, 4% more than his November forecast. The Japanese technology giant also increased its perspective for annual operational profits by 2% to 1.34 billion yen.
The company pointed out that sales in its game and network division totaled 237.9 billion yen in the third fiscal quarter, growing 16% year after year. This was reinforced by an increase in console sales and games of games not first, including additional content.
Sony sold 9.5 million units of its PlayStation 5 console in the quarter of December, compared to 8.2 million in the same period of the previous year.
The quarter of December is a key period for Sony, which covers the popular Christmas shopping season, which is often a lucrative moment for consumer electronics companies.
In the previous room, Sony raised his sales guide for 2025 Fiscal year, reviewing its income forecast a little to 12.7 billion yen of 12.6 billion yen previously.
All eyes were in the Sony games hardware business on Thursday. In its second fiscal quarter, the firm said it sold 3.8 million units of its PlayStation 5 console, 22% less year after year.
Sony launched the PlayStation 5 Pro last year, an improved version of its PS5 machine that has been outside since November 2020.
Rival Nintendo reported Weakest results of what was expected in its third fiscal quarter and cut its forecast for the Switch console. The Japanese games giant last month made fun of a Folded switch successor 2. You still have to announce a price or launch date, but said more details will be revealed on April 2.