Sony Sells 18.5 Million PS5 Units in FY 2024, Analysts Say GTA 6 Delay to Impact Sales in 2025

Sony Sells 18.5 Million PS5 Units in FY 2024, Analysts Say GTA 6 Delay to Impact Sales in 2025

Sony Group offered an underwhelming forecast for the year ahead, with the burden of US tariffs wiping out expectations for an increase in operating profit.  The entertainment-focused group said on Wednesday that it sees a JPY 100 billion ($700 million or roughly Rs. 5,975 crore) impact from US levies in the year to March and expects … Read more

Nintendo Switch 2 and Sony PS5 Likely to Get Price Hikes Due to Tariffs

Nintendo Switch 2 and Sony PS5 Likely to Get Price Hikes Due to Tariffs

Japanese entertainment giants Nintendo and Sony Group are likely to raise prices on their game consoles in response to US tariffs, according to the latest research from Bloomberg Intelligence. American consumers would pay as as much as 30 percent more for a Switch 2 or PlayStation 5 under the base-case scenario, which would imply pricing … Read more