KEY POINTS
  • Sony reported a 29% drop in operating profit for its second quarter as the company suffered from weakness in its imaging sensor business.
  • Sony attributed the significant drop in profit to weakness in its imaging sensor business, as well as declines in profit at its financial services and entertainment, technology and services units.
  • The company said on its earnings call that it expects its PlayStation 5 console to hit its target of 25 million units shipped in 2023.

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The PlayStation DualSense controller and PlayStation 5 console.

Sony on Thursday reported a 29% drop in operating profit in the fiscal second quarter as the Japanese electronics giant suffered from weakness in its imaging sensor — or chip — business.

Here's how Sony did in the September quarter versus LSEG consensus estimates:

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