(Bloomberg) — Sony Corp. raised its fiscal-year operating profit outlook by 13% to 700 billion yen ($6.7 billion) as its video game unit rode a surge in demand for entertainment from home-bound consumers.The forecast, up from a previous 620 billion yen, surpassed the average analyst expectation of 658.9 billion yen and precedes the PlayStation 5’s highly anticipated November debut. Sony aims to sell more than 7.6 million PS5 units by the end of March, more than the PS4 managed in its first year, Chief Financial Officer Hiroki Totoki said.Sony’s outlook hike underscores how the entertainment giant is benefiting from a …read more
Source:: Yahoo Finance
