Sony Group Corporation - Sponsored American Depositary Receipt (SONY)
Why Sony's Stock Jumped Today
A merger with Zee ended earlier this year is now behind Sony. Investors are cheering the news today, but Sony's growth and profitability should still be questioned.
Sony Surprisingly Hikes PlayStation 5 Prices in Japan
Sony Group (SONY) said it is increasing the price of its PlayStation 5 in Japan by 19% to around 80,000 yen ($550), in an unexpected move by the tech and entertainment giant.
Sony confirms PS5 price hike
Sony Group Corp (NYSE:SONY) has announced another price increase for the PS5 in Japan, effective September 2. The standard PS5 model with a disc drive will cost approximately $550, while the digital version will be priced at around $500, both seeing a $90 increase.
Sony hikes price of ageing PlayStation 5 console in Japan by 19%
Sony said its suggested retail price for the PlayStation 5 is 79,980 yen ($553), up 19% from the previous price. The hike will take effect from Sept.
Sony to raise PlayStation 5 price by 20% in Japan
Sony is raising the price of its PlayStation 5 (PS5) games console in Japan by about 20%, it said on Tuesday, citing a difficult external environment including global economic fluctations.
SONY Boosts Spatial Sound Experience in Gaming With New Software
SONY unveils "Gaming Virtualizer by 360 Reality Audio" software to unleash immersive gaming experience by creating spatial game sound.
Why Sony (SONY) is a Top Momentum Stock for the Long-Term
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Sony Playstation cops dose of monkey magic as Wukong sends China sales soaring
The Sony Playstation 5 may be approaching the second half of its generational cycle, but the recent release of hit title Black Myth: Wukong appears to have revitalised sales in the typically muted Chinese market. Developed by Hangzhou-based studio Game Science and based on legendary Chinese novel Journey to the West, Black Myth: Wukong finally launched on the PS5 and PC this week following years of fervent hype.
What Is the Dividend Payout for Stock-Split Stock Sony?
Its yield is less than 1% at present. Management has pledged to be more generous in the coming years.
Sony: An Opportunity To Capitalize On The Japanese Craze
Sony Group Corporation stock is down over 30% in 2022, with a recent 12% drop in American stock, despite good financial results and forecasts. Sony plans to spin off its financial business in October 2025, potentially unlocking shareholder value. Sony's diversified business model includes segments like gaming, music, pictures, consumer electronics, imaging, and financial services, with positive earnings results and growth forecasts.
Sony says it won't submit another bid for Paramount: ‘Does not fit well with our strategy'
Sony COO Hiroki Totoki said his firm will not make another proposal for the entertainment conglomerate owned by Shari Redstone's holding company.
SONY's Q1 Earnings & Revenues Rise Y/Y on Solid Demand Trends
SONY's fiscal first-quarter performance benefits from steady momentum across G&NS, Music, Pictures, ET&S and I&SS segments amid softness in the financial services business.
