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The December quarter is a key period for Sony, covering the holiday shopping season which is often a lucrative time for consumer electronics firms.
Sony's operating profit rose 22.9% in the first nine months of the financial year ending March, the company reported on Thursday.
Sony (SONY) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).
Sony's Q3 performance is likely to have benefited from steady momentum across the G&NS, Music and I&SS units amid weak financial services business.
After the PlayStation Network experienced a global outage that lasted for nearly a day, Sony says it will compensate PlayStation Plus subscribers by giving them an extra five days of service.
Sony said on Sunday that all PlayStation Plus members would automatically receive an additional five days of service, after a global outage disrupted the PlayStation Network (PSN) for about 18 hours on Friday and Saturday.
At @askplaytion, Sony (NYSE: SONY) posted this: “We are aware some users might be currently experiencing issues with PSN.
A nearly 24-hour outage disrupted Sony's PlayStation Network starting on Friday. The outage prevented gamers from playing or purchasing games online, disrupting the digital economy.
Sony's PlayStation Network has been experiencing a multi-hour outage that began Friday evening, infuriating gamers around the world.
A major outage of Sony's PlayStation Network (PSN) on Saturday has left tens of thousands of gamers unable to access online services, stores and multimedia apps.
Sony (SONY) closed at $23.01 in the latest trading session, marking a +0.39% move from the prior day.