Sony profit slides on chip slump, keeps PS5 sales target


A Sony electronic sign is shown in Rancho Bernardo, California May 12, 2016. REUTERS/Mike Blake/File Photo

TOKYO (Reuters) -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.

Profit for the quarter was 263 billion yen ($1.74 billion). That compared with a 306 billion yen estimate from 10 analysts polled by LSEG.

Save 30% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 9.73/month

Billed as RM 9.73 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 8.63/month

Billed as RM 103.60 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Tech News

UK court gives go-ahead to challenge to large data centre
Spotify launches AI-driven 'prompted playlist' for premium users in US, Canada
Coupang investors seek US probe over South Korea's handling of data leak
Apple asks Indian court to stop antitrust body from seeking its financials
Taiwan's Compal warns rising memory prices to impact industry into 2027
Uber faces growing pressure over sexual assault record
Ubisoft shares tumble after 'Assassin's Creed' creator unveils restructuring, cancels games
Ubisoft unveils details of big restructuring bet
Hyundai Motor's Korean union warns of humanoid robot plan, sees threat to jobs
These college students ditched their phones for a week. Could you?

Others Also Read