Sony predicts that by end of March 2019 they will have shipped up to 96 million units, adding up around one million more units than previously predicted.
Japan's Sony on 31st July reported a record first-quarter operating profit on the back of strong sales of gaming software, giving support to the new management's strategy of focusing on stable sources of revenue.
According to the company, its net income will be ¥500 billion (~$4.5 billion) with sales of ¥8.6 trillion (~$77.82 billion). "It has been a smooth power transfer", after Sony's recovery and the company "is forecast to continue displaying a strong performance at quite high levels". Nile's 40 percent-held affiliate owns EMI Music Publishing, which will be Sony's wholly owned unit in the future. Gaming sales, which account for about a quarter of Sony's revenue, rose 36 per cent to 472 billion yen.
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Operating profit was ¥195 billion ($1.75 billion) in the June quarter, the Tokyo-based company said Tuesday, compared with analysts' average projections for ¥145.4 billion. This month brings some particularly heavy hitters for anyone with an active PlayStation Plus subscription, including the gritty Mafia III and a selection of other great games that you may have missed out on.
The agreement was Sony's first major deal under Yoshida, who said the music business has enjoyed a "resurgence" in recent years due to streaming services provided by companies such as Spotify and Apple Inc.
The popularity of new titles led Sony to raise its annual PlayStation 4 sales view by 6 percent to 17 million consoles, slightly below the previous year's 19 million.
Sony's semiconductor division - the beneficiary a year ago of a unit sale and insurance payouts - saw profit nearly half to 29.1 billion yen.