Sony has released its financial results for the period October to December 2020, which is the third quarter of the Japanese company’s fiscal year. The holiday season saw the launch of the new Playstation 5 console, which recorded 4.5 million sales despite severe stockouts. Meanwhile, Sony has only sold one million smartphones, down 23% per year.
| Q3 2019 financial year (in JPY millions / USD millions) |
Q3 fiscal 2020 (in JPY millions / USD millions) |
Change | |
| Sales | 113,500 / 1,080 | 111,061 / 1,056 | (2.2%) |
| Operating profit | 6 965/66 | 21 292/202 | 206% |
The mobile communications division saw a slight decrease in total sales, just over 2% in the red, while the gaming and network services saw a 40% increase in sales and better overall performance in all areas. sub-divisions.
Technically, Sony sold fewer PlayStation consoles in the third quarter than last year – 1.4 million PS4 consoles on top of the 4.5 million new ones. However, with prices starting at $ 399 / € 399 for the digital edition and an additional $ 100 / € 100 to have a physical disk slot, it’s no wonder the Digital Software and Hardware teams reported a more than 30% improvement in sales.
The global pandemic has had a huge impact on films – sales have been cut in half since studios virtually halted all new work as theaters around the world worked at limited capacity.
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