Tears of the Cows 1,285 Posted February 3, 2022 Share Posted February 3, 2022 (edited) Sony Group Corp. fell as much as 8.6% in Tokyo on Thursday after cutting its PlayStation 5 sales forecast and announcing weaker-than-expected results from its gaming division over the holiday period. The company slashed its fiscal-year outlook by more than 3 million units to 11.5 million PS5 sales and also warned that supply and logistics challenges will persist through 2022. The strong performance of its movie division, led by the latest Spider-Man film, and its image-sensor business driven by Apple Inc.'s bumper iPhone sales helped offset some of the harm, but investors were wary about the long-term prospects of the key gaming group. "It is going to be very tough for Sony to better these earnings numbers next term even if there were no structural changes occurring in the industry, especially if we fully come out of lockdowns globally," Amir Anvarzadeh of Asymmetric Advisors said after Sony released its results on Wednesday. Apple keeping Sony afloat Edited February 3, 2022 by ghostz Link to post Share on other sites
PuNKy_LeMmInG 172 Posted February 3, 2022 Share Posted February 3, 2022 im sure once there are ps5's in stock, it will be ok 🙂 Link to post Share on other sites
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