@danmo92
Sony Raises Profit Forecast and Secures Memory Supplies to Keep PS5 Prices Stable
Sony has revised its full-year operating profit forecast upward by 8% after reporting a 22% rise in quarterly earnings that outperformed analysts’ expectations.
CFO Lin Tao confirmed that the company has secured sufficient memory supplies to prevent any increase in PS5 prices ahead of the 2026 holiday season, despite the ongoing global chip shortage.
The move sets Sony apart from competitors: Nintendo is reportedly considering a price hike, while Valve has delayed the launch of its Steam Machine console.
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