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via finance.yahoo.comBusiness & Companies

Sony reports 44% profit surge on box office success of Spider-Man film

FROM THE WIRE · FINANCE.YAHOO.COM

TOKYO (AP) — Japanese electronics and entertainment company Sony reported Thursday a 44% surge in its profit for the July-September quarter, largely on the box office success of its movie, " Spider-Man: Brand New Day." Sony Group Corp.'s profit in the last quarter totaled 449.6…

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MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bullishA strong quarterly profit rise for a major group, though chip shortages remain a sector concern.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01Profit for the July-September quarter rose to 449.6 billion yen from nearly 311 billion.
  2. 02Quarterly sales edged up 10% to 3.4 trillion yen.
  3. 03Sony sold 2.6 million PlayStation 5 consoles versus 4 million a year earlier.
NEWS IMPACT AND MARKET REACTIONChange since the story · reference
Sony Group CorporationSONYStock25.95 USDMarket closedtoday +2.21%Positive
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets

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