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Sony’s Stock Soars to New Heights Thanks to PlayStation!

Sony's shares hit a record high, fueled by PlayStation success and excitement.

Mihaela Kicevski by Mihaela Kicevski
December 10, 2024
in News, PS5
0

Wow, what a time to be a Sony fan! The company’s shares just hit a record closing high, and it’s all thanks to the growing talk around its gaming prospects. Seriously, this is huge!

On Tuesday, Sony Group shares closed up an impressive 4.1%, reaching 3,338 yen ($22). This beats the previous record of 3,260 yen that dates back to 2000! Can you believe it? According to the Wall Street Journal, this surge began last month when Sony revealed some stellar results for its second quarter. It seems like the love for PlayStation is really paying off!

  • $900 million: Operating income for the three months ended in September, an all-time high for PlayStation!
  • Future Projections: Sony expects even more growth with record operating income anticipated for their current fiscal year ending March 2025.
  • Key Drivers: Strong sales from third-party games and increasing subscriptions for PlayStation Plus are fueling this success.

In honor of its upcoming milestone, Sony has updated the PlayStation website with a fantastic timeline celebrating 30 years of gaming history. It’s packed with images, videos, and stats that’ll make any long-time fan feel nostalgic.

Tags: PlayStationSony
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Mihaela Kicevski

Mihaela Kicevski

I am Angel's and Margarita's daughter, and I am happy to be starting this work together with my parents! I can't wait to see where this takes us!

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