Sony Quarterly Profit Slides 31 Percent as Movie Business Disappoints, PS5 Sales Bring Relief
Japan’s Sony on Wednesday said first-quarter profit tumbled due to weaker performances from its movies and financial businesses. In April-June, operating profit slid 31 percent to JPY 253 billion ($1.8 billion or roughly Rs. 14,907 crore), in line with estimates. Profit at its movies division plunged by two-thirds due to…