Sony raises profit forecast as strong gaming business drive growth

Q: How long will it take to read this news story?

The story "Sony raises profit forecast as strong gaming business drive growth" has 314 words across 15 sentences, which will take approximately 2 - 3 minutes for the average person to read.

Q: Which news outlet covered this story?

The story "Sony raises profit forecast as strong gaming business drive growth" was covered 6 hours ago by Business Standard, a news publisher based in India.

Q: How trustworthy is 'Business Standard' news outlet?

Business Standard is a fully independent (privately-owned) news outlet established in 1975 that covers mostly business and finance news. The outlet is headquartered in India and publishes an average of 322 news stories per day. It's most recent story was published 4 hours ago.

Q: What do people currently think of this news story?

The sentiment for this story is currently Negative, indicating that people regard this as "bad news".

Q: How do I report this news for inaccuracy?

You can report an inaccurate news publication to us via our contact page. Please also include the news #ID number and the URL to this story.<ul><li>News ID: #26126953</li><li>URL: https://chronographically.beamstart.com/news/sony-raises-profit-forecast-as-17394712685493</li></ul>

Business Standard Logo Business Standard 6h ago

Sony raises profit forecast as strong gaming business drive growth - Business Standard

Quick Summary:

Sony Corp revised its full year profit projection upward to 1.08 trillion Yen (USD 7 billion) from the 980 billion Yen (USD 6.3 billion) annual profit forecast it gave in November.

The Tokyo-based maker of the PlayStation video game machine reported a 21 per cent gain in April-December profit at 943.9 billion yen (USD 6 billion), up from 781.6 billion.

Quarterly sales edged up 18 per cent to 4.4 trillion Yen (USD 29 billion), boosted by solid results in its financial services, games and music operations.