Sony has just released its latest financial results for the third fiscal quarter of 2023, the period from October to the end of December. Unsurprisingly, growth is required with 22% additional revenue year over year. Like Lenovo or AppleIt therefore seems that the crisis is close to being resolved, although prices for consumers are still very high.
By far the most profitable segment of the Japanese company remains that of games: no fewer than 8.2 million PlayStation 5s found a buyer in the quarter in question. A frightening number that can be explained by the end-of-year holidays and Black Friday. For comparison: During this period, the world market leader in the gaming sector’s sales are also at their highest. This is of course Apple, which positions itself as number one thanks to the mobile titles available in the App Store. Cupertino charges a 30% commission for every in-app purchase (or almost).
At Sony, users choose their favorite platforms primarily via the PlayStation Network. In particular, you can subscribe to the PlayStation Plus service, an alternative to Amazon Luna or Microsoft’s Xbox Game Pass. The offer offers access to hundreds of games starting at 8.99 euros per month for the Essential package, including multiplayer mode and exclusive discounts, not to mention the ability to save data in the cloud.
For larger budgets, the PlayStation Plus Premium offer for 16.99 euros per month (or 151.99 euros for a year) includes trial versions of games and the ability to start streaming games. The catalog also gives high priority to Ubisoft+ Classics licenses. Despite all these advantages, the most critical people will not overlook the fact that the operating income of the gaming segment decreases by about thirty percentage points from one year to the next. Is inflation to blame? It’s very likely.
The photo is fine
Sony imaging solutions proved to be the third main revenue driver in the third quarter of 2023. Traditional digital cameras and other SLR cameras continue to impress here with significant growth of 21% compared to the previous year, which is obviously not negligible for investors. The latter have the opportunity to bet on Sony shares on the Japanese stock exchange, in yen.
But Sony is not only strong in photography with dedicated devices, because the sensors are also selected by smartphone manufacturers for their rear module. Among these we can once again highlight the Apple case. In particular, the American brand offers a wide-angle lens with 48 megapixels iPhone 15 Pro and the iPhone 15 Pro Max. The subcontractor also supplies the two 4K screens of the Apple Vision Pro, a new mixed reality headset that is already particularly popular with videographers who have tested it on YouTube.
Focus on movies
Finally, let us also mention the case of the feature films offered by Sony Pictures.
Here too, the increase of +10% can be seen on the clock. Fans of the big screen can discover several films currently being shown, including Everything but you And Operation Portugal 2: Life in the Castle.
- Sony generated more sales in the third fiscal quarter of 2023 than a year earlier
- The PlayStations were sold more than eight million times during this period
- Films achieved a 10% increase in sales in the same area
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