TOKYO (AP) — Sony’s profit rose 69% in July-September from a year earlier on the back of strong sales of its image sensors, games, music and network services, the Japanese electronics and entertainment company said on Friday.
Quarterly profit was 338.5 billion yen ($2.2 billion), up from 200 billion yen in the year-earlier period, while consolidated quarterly sales edged up 3% year-on-year to 2.9 trillion yen ($19 billion).
Tokyo-based Sony’s latest quarterly results were boosted by healthy demand around the world for image sensors used in mobile products.
Sales also held up in its video games division. During the latest quarter, 3.8 million PlayStation 5 game consoles were sold globally, compared with 4.9 million units sold the same period a year ago.
Demand remained strong for PS5 game software, according to Sony.
The top-selling music releases from Sony for the quarter included “SOS” by SZA, David Gilmour’s “Luck and Strange” and Kenshi Yonezu’s “Lost Corner.”
One area where Sony’s business suffered was its pictures division, including TV shows and movies, which was impacted by production delays caused by the strikes in Hollywood.
Among the recent hit films from Sony was “It Ends With Us,” a romantic drama based on a novel.
Sony, which also makes digital cameras and TVs, maintained its 980-billion yen ($6.4 billion) profit forecast for the fiscal year through March 2025, up 1% from the previous fiscal year.
___
Yuri Kageyama is on X: https://x.com/yurikageyama
The trend highlighted ethical concerns about artificial intelligence tools trained on copyrighted creative works.
The charismatic founder of a startup company that claimed to be revolutionizing the way college students apply for financial aid, was convicted on Friday.
A federal judge has ruled that The New York Times and other newspapers can proceed with a copyright lawsuit against OpenAI and Microsoft.
A magazine journalist’s account of being added to a group chat of U.S. national security officials has raised questions about the Signal app.
The next time you get a call about an upcoming medical appointment you may not be talking to a human. Hospitals are increasingly using AI assistants.
Schools are turning to AI-powered surveillance technology to monitor students on school-issued devices like laptops and tablets. But there are risks.
Hours after a series of outages that left X unavailable to thousands of users, Elon Musk is claiming that the social media platform is being targeted in a “massive cyberattack." Musk said on a post Monday that the attacker is either a large, coordinated group or a country. Complaints about outages spiked Monday at 6 a.m. Eastern and again at 10 a.m, with more than 40,000 users reporting no access to the platform, according to the tracking website Downdetector.com. A sustained outage appeared to begin just after noon Eastern.
The World Video Game Hall of Fame has revealed its 12 finalists for 2025. Members of the public have a week to vote for their favorites online.
An insider account being billed as an “explosive” memoir about “seven critical years” at Facebook/Meta will be published next week.
Extinction is still forever. But scientists at a biotech company are trying what they say is the next best thing to restoring ancient beasts.
