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Sony sees an uptick in PlayStation 5 sales in June quarter but profits suffer

  • Posted byby Dean Takahashi
  • Updated
  • 2 min

Sony saw its profit dip 31% in the first fiscal quarter ended June 30, but its game business continues to thrive. Sales of PlayStation 5 consoles grew compared to a year ago, but profits declined.

Solid performance in games led to a 33% increase in quarterly revenue to $20.7 billion compared to a year ago. Operating profit was 253 billion yen, down 31% but about the same as analysts expected.

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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.