Sony makes a drastic move to sell a struggling product
Sony raises eyebrows with its latest announcement.
Sony (SNEJF) , which has its hands in multiple industries such as gaming, music, pictures and entertainment, recently saw a significant boost in profits in its gaming business.
In the company’s third-quarter earnings report for 2024, Sony revealed that its gaming sales increased by about 14% year over year, and its operating profit in the segment spiked by roughly 37%.