Sony, the golden moment continues: the value of the shares has never been so high, it is a record
While we can already get a glimpse of the games that will be released in 2025 on PS5 thanks to the new official footage released by the Japanese giant, Sony continues to enjoy its golden moment in the gaming industry.
Sony shares have reached a new all-time high, breaking the previous record dating back to the 2000s. This is reportedly due to confidence in Sony's game production. Share prices closed at 3,338 yen today, breaking the previous record of 3,260 yen from over two decades ago. This comes as PS5 is in the midst of its fourth Christmas season, now joined by the newer PS5 Pro.
The Wall Street Journal reports that there are "high hopes" for PlayStation, and that this is the main driver behind these record stock prices. Sony's other entertainment ventures, involving movies and music, are also said to play a role in the increase. Investing.com reports that entertainment accounted for nearly 60% of Sony’s revenue in the last fiscal year.
While we don’t know much officially about the company’s plans for other PlayStation products beyond the PS5 Pro, it has been reported by multiple sources that a portable console is in the works. Unlike the PlayStation Portal, this is said to be a separate, standalone platform that will be able to run PS5 games natively.
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