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Sony forecasts 11% profit lift and $3.2bn buyback as music and sensors offset PS5 memory shock

FY26 guidance puts operating profit at ¥1.6 trillion. The PS5 install base, royalty income from streaming, and a smartphone-camera business with no obvious challenger are doing the work while the gaming hardware unit absorbs a memory-cost shock. Sony Group on Friday set out FY26 guidance the market had largely priced in: operating profit of ¥1.6 […]

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Sony’s PS5 sales plummet amid price rises and a memory crisis

Sony sold just 1.5 million PS5 consoles in its most recent fourth fiscal quarter, down 46 percent year-over-year. The slump in PS5 sales comes after Sony raised the price of its PS5 consoles twice over the past year, pushing the price of the regular PS5 from $499.99 all the way up to $649.99. Sony blamed […]

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