Analysis, Exclusive, Gaming, VR World

The Playstation 4 is a Bright Spot for Stumbling Sony

Sony Playstation 4

For shareholders of Sony, the company’s most recent earnings report was likely the small piece of good news they had long waited for. Buoyed by strong sales of the Playstation 4, the much leaner Sony — which had recently shed its PC business, shares in Square Enix and spun off its TV business into a separate subsidiary — posted a profit for the first quarter of its fiscal year spanning from April to June 30. In a conference call with investors and subsequent earnings release, Sony announced it had sold a combined total of 3.5 million PS3 and PS4 units in the quarter. While Sony has

Read More...