Sony Plans Financial Unit IPO in 2025 After PS5 Sales Underwhelm
Sony Group Corp. plunged its most in two years after slashing projections for sales of the aging PlayStation 5 gaming console, underscoring a global electronics slump.
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If the platform has already peaked in growth then the outlook could be much grimmer than what even we had in mind for its games business,” Amir Anvarzadeh, a strategist with Asymmetric Advisors, wrote in a research note. “We have long feared that the deep pocketed Microsoft and its subscription service called Game Pass could prove highly disruptive to Sony.”
But xbox tho…..