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Sony's operating profit fell 30% in the first half of the financial year ending March, reaching 516 billion yen ($3.42 billion). The company's image sensor and financial divisions were the most affected, leading to a weaker performance. However, Sony's Movies, Music, and Games units all saw profit growth in the second quarter. The chip business weakness had a significant impact on Sony's overall operating profit, which dropped by 29% in the July-September quarter. Despite this, Sony's Q2 revenue increased by 8% year-on-year to approximately $18.5 billion, and PlayStation 5 sales reached 4.9 million units, up from 3.3 million units in Q2 2022.
Sony's operating profit fell 29% in the July-September quarter as the company was hit by a weaker performance at its image sensor and financial divisions https://t.co/TUD9HpkPTc https://t.co/vlMldUMY1D
Sony reports Q2 revenue of ~$18.5B, up 8% YoY, operating profit down 29% YoY to ~$1.74B, chips division profit down 38%, PS5 sales of 4.9M vs. 3.3M in Q2 2022 (@samnusseyrtrs / Reuters) https://t.co/ylNTIvMovE 📫 Subscribe: https://t.co/OyWeKSRpIM https://t.co/D5CGJCffS9
Sony reports 29% drop in operating profit as weakness in chip business hits home https://t.co/29WV0A9two
Sony reports 29% drop in operating profit as weakness in chip business hits home https://t.co/DFhnKKZ9QA
Sony's Movies, Music and Games Units All Grow Profits in Second Quarter as Group Earnings Wobble https://t.co/7HtiWw6Uoy
⚠️ SONY PROFIT FALLS 30% IN H1 Full Story → https://t.co/fuuf7I47r9 Sony's operating profit fell 30% in the first half of the financial year ending March, the company reported on Thursday. Profit for the April-September period was 516 billion yen ($3.42 billion). https://t.co/21RYY9czaZ