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Sony beat analysts' expectations with a strong quarterly performance

Japanese technology group Sony reported a 69 percent increase in operating profit compared to the previous year. The gaming division in particular contributed to positive developments.

Significant increase in Sony's operating profit

Sony reported third-quarter operating income of 445.1 billion yen ($2.91 billion). Analysts at LSEG think so CNBC expected 336.07 billion yen.

The gaming division is successful despite a weak market

The gaming division also contributed to this positive development. Despite a weak console market and few new triple-A games, digital game purchases and the PlayStation Plus subscription service continue to grow.

Analysts predict positive developments in the gaming sector

For next year, analysts expect an increase in the gaming sector, according to CNBC. Early sales estimates for the new Nintendo Switch and the release of “Grand Theft Auto VI” will contribute to this.



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