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PlayStation

Gettin’ Tough Out There – Sony Cuts Net Profit Outlook for Current Fiscal Year

August 2, 2022 by Ted Leave a Comment

Sony PlayStation 5 games

Late last week, Sony Group announced that they were cutting their net profit forecast for the current fiscal year, fiscal 2022 which ends March 2023. Why are they trimming their profit expectations? It appears that Sony is experiencing its version of a post-COVID Peloton/Netflix sales decline as video game sales are weakening and its costs related to a recent acquisition are rising.

See more on the declining profit forecast at Sony

[Read more…] about Gettin’ Tough Out There – Sony Cuts Net Profit Outlook for Current Fiscal Year

Filed Under: Asian Connection, Financial, Management, Manufacturers, News, Strategy Tagged With: forecast, PlayStation, profits, Sony Group

Sony Says Only They Can Deliver ‘The New User Experience’

February 2, 2012 by tjgreen82 Leave a Comment

Sony1>> See our full slideshow of photos from the Sony Press Conference at CES <<

2012cesreport

<February 1, 2012> In typical fashion, Sony Corporation at CES delivered a long and at times rambling press conference covering their large range of products. And while presenters tried to sound enthusiastic about their many innovations, much of this year’s presentation mimicked last year’s…and even those of its competitors. [Read more…] about Sony Says Only They Can Deliver ‘The New User Experience’

Filed Under: Asian Connection, Industry Trends, Manufacturers, Marketing, News, Shows & Events, Strategy, Tech Trends Tagged With: 3D, Crystal LED, Howard Stringer, Kaz Hirai, LG, MIB3, Phil Molyneux, PlayStation, Sony, Sony Entertainment Network, Sony Ericsson, VITA, Xperia

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Ted Green Bio

A former dealer, manufacturer, distributor & more. Focusing on business strategy, my goal is to help you make better decisions for greater success.

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