PS5: SONY WILL INVEST MORE FROM NEXT FISCAL YEAR, NEW ACQUISITIONS COMING?

Having recently released the numbers for the last quarter of its fiscal year, Sony confirmed its extremely positive trend supported by record sales of the PlayStation 5 , net of the problems related to supplies and the fact that the console is sold at a loss. .

The Japanese giant confirmed in its financial report that it has cashed in more than expected from its estimates , and that it will reuse the “excess” money to make new investments in the entertainment industry .

Starting next fiscal year (starting April 2021), Sony intends to ” use the excess operating cash flow from the current fiscal year as a source of strategic investments for the future . Investment opportunities, especially in the space of entertainment, are steadily increasing and during the period of our next medium-term plan, which begins in the new fiscal year, we aim to make more investments for growth than we did under the current plan . 

It goes without saying how the gaming sector , especially with the arrival of PlayStation 5, is becoming more and more a source of income and success for the Japanese company. It is therefore reasonable to think that part of these additional funds can be invested to support the next-gen platform even more, perhaps through the acquisition of new development studios that can join the PlayStation Studios family , which already include first-class software houses. level like Naughty Dog, Insomniac and Santa Monica.

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