Sony worst performer among gaming giants

By Jastra Kranjec

May 26, 2024 12:06 am

AFTER grossing $27.4 billion in the fiscal year 2023, 17 percent more than the year before and way more than any other gaming company, Sony is facing plunging revenue and shipments.

Due to the lack of major exclusive titles and waning interest in the PlayStation 5 console, the Japanese gaming giant expects its gaming-related revenue to drop in the upcoming fiscal year, which has significantly impacted its stock price.

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