Friday, April 27, 2018

News:: Sony's business stabilizes with strong PS4 game sales

Sony's latest earnings reveal a simple truth: former CEO Kaz Hirai left the company in a relatively good position. In the full year leading up to March 31st, 2018, the company raked in revenue of 8,544 billion yen (roughly $78.1 billion) and operating income, or profit, of 734.9 billion yen (roughly $6.7 billion). The latter figure is a huge improvement over the $2.6 billion it managed to pull in last time. The bump, however, was expected; in the last financial year, Sony's camera imaging business was rocked by the 2016 Kumamoto earthquakes. Now, that crucial division is back at full strength.



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