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- John Ballard
- Gaming carries the torch. The PlayStation brand is the gift that keeps on giving for Sony. PlayStation has outsold its primary competitor, Microsoft's (MSFT -0.14%) Xbox, in every console cycle since the first PlayStation launched more than two decades ago.
- Growing demand for music streaming. Music is Sony's highest-margin segment, generating an operating margin of nearly 20% in fiscal 2020. Sony is continuing to ride the growing demand for streaming music services.
- Attractive valuation. Sony's direct-to-consumer services (gaming network services and music) connect with about 160 million people globally. Management wants to grow that to 1 billion people.
16 hours ago · Sony currently has an average brokerage recommendation (ABR) of 1.20, on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell, etc.) made ...
Mar 8, 2021 · In This Article: 6758.T. Shares of Sony Corporation SNE have surged 78% over the past year, driven by healthy revenues on the back of a flexible business model and solid market response for the ...
Nov 24, 2021 · Sony's music division represented just 9% of revenues in 2020 but is increasing sharply. It is the highest margin area of the company. The division is projected to make up 19% of Sony's total ...
- John Ballard
- Sony doesn't need to sell more consoles to grow. The game and network services segment was Sony's largest and most profitable division last quarter, contributing 31% of total sales and 55% of total operating profit.
- Sony is pushing the services side of PlayStation. The new console generation launching with the PlayStation 5 is about more than just delivering better graphics.
- Streaming is the next step of Sony's gaming strategy. Sony originally launched its PlayStation network business strategy on the PlayStation 3 in 2006.
Oct 21, 2021 · It isn't too late to buy Sony's stock. Sony's stock has rallied strongly this year, but it isn't overvalued yet. Its Japanese gaming rival Nintendo might seem cheaper at 15 times next year's ...
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1 day ago · In the latest market close, Sony (SONY Quick Quote SONY - Free Report) reached $18.05, with a +1.75% movement compared to the previous day. This change outpaced the S&P 500's 1.23% gain on the day ...
