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International Business Times
International Business Times
Business
Hiroshi HIYAMA

Sony Hikes Profit Forecast But Says PS5 Sales To Slow

Sony Microsoft Billboard Japan
Sony saw 'significant increases' in sales in its financial services, game and network, sensors, music and pictures segments (Credit: AFP)

Japan's Sony upgraded its annual net profit forecast on Wednesday but trimmed its PlayStation 5 unit's sales target, with the flagship console currently in its fourth year on the market.

The conglomerate now predicts a full-year net profit of 920 billion yen ($6.1 billion) instead of its previous target of 880 billion yen.

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