What is the profitability of Sony?

Current and historical gross margin, operating margin and net profit margin for Sony (SONY) over the last 10 years. Profit margin can be defined as the percentage of revenue that a company retains as income after the deduction of expenses. Sony net profit margin as of December 31, 2023 is 7.62%.
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What is the profitability of Sony company?

According to Sony's latest financial reports the company's current revenue (TTM) is $88.97 B. In 2022 the company made a revenue of $76.58 B a decrease over the years 2021 revenue that were of $88.05 B. The revenue is the total amount of income that a company generates by the sale of goods or services.
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How much profit does Sony have?

Thursday's results follow a fiscal first quarter which saw Sony report a 33% rise in revenue year-over-year to 3 trillion Japanese yen but a 31% year-on-year drop in profit to 253 billion yen.
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What is Sony's most profitable product?

Sales and revenue of Sony worldwide by business segment 2011-2022. Revenue generated from Sony's game and network services amounted to 25.96 billion U.S. dollars in the company's 2022 fiscal year, making it Sony's largest business segment.
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What is Sony's profit forecast?

Sony Group on Wednesday lifted its net profit forecast for the year ending March to ¥920 billion ($6.1 billion) from an earlier estimate of ¥880 billion thanks to its robust finance business and a weak yen, while announcing that a planned spinoff and the listing of its financial unit is scheduled for 2025.
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What Happened To Sony?

Who is Sony's biggest competitor?

Competitor comparison
  • Samsung Electronics Co Ltd Headquarters. South Korea. 98,557. $198.4B.
  • Hitachi Ltd Headquarters. Japan. 322,525. $80.4B.
  • Panasonic Holdings Corp Headquarters. Japan. 233,391. $61.9B.
  • Canon Inc Headquarters. Japan. 180,775. $30.9B.
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Is Sony a growing company?

TOKYO (AP) — Japanese electronics and entertainment company Sony's profit rose 13% in October-December on growing sales of music, image sensors and video games, the company said Wednesday. Tokyo-based Sony Corp.'s quarterly profit totaled 363.9 billion yen, or $2.4 billion, up from 321.5 billion yen the year before.
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Is Sony in profit or loss?

Sony net income for the twelve months ending December 31, 2023 was $6.477B, a 5.29% decline year-over-year. Sony annual net income for 2023 was $6.935B, a 11.68% decline from 2022. Sony annual net income for 2022 was $7.851B, a 28.72% decline from 2021.
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Does Sony make more money than Apple?

Apple has made a lot more money than Sony, but Sony enjoys an enduring popularity and positive image. And Sony financial results are steadily improving.
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Is Microsoft more profitable than Sony?

How does Sony's net worth compare to Microsoft's? Sony's net worth is significantly lower than Microsoft's. Sony's net worth is estimated to be around $70.9 billion, while Microsoft's is estimated to be around $1.6 trillion.
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Is Sony in debt?

Sony's total debt for fiscal years ending March 2019 to 2023 averaged 21.795 billion. Sony's operated at median total debt of 22.359 billion from fiscal years ending March 2019 to 2023. Looking back at the last 5 years, Sony's total debt peaked in December 2023 at 31.249 billion.
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Is PlayStation profitable for Sony?

Sony's gaming division has reported a record second quarter in terms of revenue, as PlayStation 5 consoles reached 46.5 million shipped. The company's Game & Network Services division reported FY23 Q2 revenues of ¥954.1 billion ($6.32 billion), up 32% year-over-year.
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Does Sony make profit on ps4?

The PlayStation 4 console is sold at a loss. They make their money from PSN subscription and licensing fees. Every game sold for a Playstation comes with a licensing fee.
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Who is the biggest investor in Sony?

Sony Stock Ownership FAQ

Who owns Sony? Sony (NYSE: SONY) is owned by 7.26% institutional shareholders, 0.00% Sony insiders, and 92.74% retail investors. Primecap Management Co is the largest individual Sony shareholder, owning 22.17M shares representing 1.64% of the company.
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Is Sony a successful company?

Sony, major Japanese manufacturer of consumer electronics products whose diverse activities have included films, music, and financial services, among other ventures. It has been one of the most successful and multifaceted brands in marketing history.
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Why is Sony a successful company?

Thus, with an innovative approach, Sony captured an audience and made its mark with a product that at the time did not have a close competitor. Throughout their journey, from the CD player to the PlayStation, Sony's first-of-their-kind products have been a key factor in the company's success.
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Why did Sony lose to Apple?

One of Apple's huge strengths is the ecosystem, and cross product integration and usability, something Sony has only touch on very lightly, and very inconsistently - Such as DualShock support for older Xperia devices.
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Who sells more Sony or Xbox?

The PS5 is outselling the Xbox Series X/S by a nearly three-to-one margin, with the PS5 selling 22.5 million units compared to the Xbox's 7.6 million units over the last year. Major exclusives, including Spider-Man 2, Final Fantasy 16, and Baldur's Gate 3, have contributed to the PS5's success.
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Does Sony have more money than Disney?

Sony Corp. currently has a market capitalization of over US$ 70B. Disney acquired most of 21st Century Fox for over US$ 80B. Sony can not buy The Walt Disney Company, which currently has a market capitalization of over US$ 240B.)
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Does Sony have high debt?

Total debt on the balance sheet as of December 2023 : $31.25 B. According to Sony's latest financial reports the company's total debt is $31.25 B.
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Is Sony selling PS5 at a loss?

Sony's chief financial officer, Hiroki Totoki, has this week confirmed that the company's $499 PS5 console is no longer selling at a loss. Typically, when a new games console launches its price point is below the actual cost of manufacturing.
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Is Sony having financial problems?

But Sony's operating income for its game and network service has plummeted from ¥86.1 billion ($574.5 million) to ¥30.1 billion ($200.8 million), putting pressure on the company to make new moves to compensate. The announcement just shows the continuation of an upsetting trend.
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Is Sony good to invest in?

Solid Rank: SONY currently carries a Zacks Rank #2 (Buy). You can see the complete list of today's Zacks #1 (Strong Buy) Rank stocks here. Positive Earnings Surprise History: SONY has an impressive surprise record.
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Which company is bigger Sony or Samsung?

As of 2021, Samsung is the larger company compared to Sony. Samsung is a South Korean multinational conglomerate headquartered in Seoul, while Sony is a Japanese multinational conglomerate headquartered in Tokyo.
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What is Sony's main business?

Related keylists. Sony Group Corp (Sony) is a conglomerate that specializes in the development, design, production, manufacture, and sale of a electronic equipment, instruments, and components.
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