Sony PlayStation 5
Sony PlayStation 5
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Sony profits slip due to strikes, but PS5 outlook brightens

  • Posted byby Dean Takahashi
  • Updated
  • 2 min

Sony saw its overall corporate revenues rise 33% in the second fiscal quarter ended September 30, but it also saw its profits drop 31% due in part to the long actor’s strike.

And while the actor’s strike appears to be over, the toll on Sony was considerable. Meanwhile, the outlook for the PlayStation 5 business looks strong as Sony has gotten over any production problems related to the pandemic. The PS5 has now hit 46 million shipped.

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Written by

Dean Takahashi

Dean Takahashi is editorial director for GamesBeat. He has been a tech journalist since 1988, and he has covered games as a beat since 1996. He was lead writer for GamesBeat at VentureBeat from 2008 to April 2025. Prior to that, he wrote for the San Jose Mercury News, the Red Herring, the Wall Street Journal, the Los Angeles Times, and the Dallas Times-Herald. He is the author of two books, "Opening the Xbox" and "The Xbox 360 Uncloaked." He organizes the annual GamesBeat Next, GamesBeat Summit and GamesBeat Insider Series: Hollywood and Games conferences and is a frequent speaker at gaming and tech events. He lives in the San Francisco Bay Area.