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SONY Corporation (SNE)

SONY: Results of Game & Network Services Segment

Today Sony Group Corporation ($SONY) announced the results of Game & Network Services during the IR Day 2021.

  • Highest ever launch year sales with PS5, 7.8 mln unit sales
  • Record Earnings in a transation year
  • Building from the biggest launch to the biggest platform
  • God of War Ragnarok and Gran Turismo 7 are in the best ever launch line-up (expected release by 2022)
  • Continue to ensuring its strongest-ever tail
  • PS4 games are profitable
  • Housemarque has been recognized as successful new IP of growth vector of PlayStation Studios; New PlayStation exclusives made by Housemarque may be come out sooner or later, or maybe the acquisition of the studio

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