Sony Lifts Income Goal for Video games, however Cuts Outlook for Picture Sensors
The diverging fortunes for the 2 companies resulted within the electronics large sustaining its working revenue goal of JPY 500 billion ($four.9 billion) for the 12 months starting subsequent April.
The video games enterprise is about to be Sony’s largest progress driver, pushed by robust console gross sales, an increase in subscribers to its gaming community in addition to the brand new headset, which might be bought for $399, far lower than the $599 price ticket set by Fb-owned Oculus Rift.
The income goal was lifted to JPY 1.eight trillion to JPY 1.9 trillion ($17.6 billion to $18.6 billion) from 1.four trillion to JPY 1.6 trillion.
However the gross sales outlook for Sony’s units division which incorporates picture sensors – a key product vary for the corporate – was minimize sharply on weaker demand for smartphones and on the cancellation of the event of high-end digital camera modules.
That vary was lowered to JPY 1 trillion to 1.05 trillion versus a earlier goal of JPY 1.three trillion to JPY 1.5 trillion.
© Thomson Reuters 2016