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Electronics

Sony cuts revenue forecast ahead of PlayStation 5 debut

Surge in image sensor demand supports rise in operating income

Weak sales of PlayStation 4 hardware has dented Sony's revenue forecast. (Photo by Yuki Kohara)

TOKYO -- Sony on Wednesday cut its revenue forecast by 200 billion yen ($1.8 billion) for the fiscal year ending in March 2020, blaming lackluster sales of PlayStation 4 hardware and gaming software.

Sony changed its revenue estimation for this business year to 8.4 trillion yen, a decline of 2% from its July forecast. However, it expects operating profit to rise by 4% to 840 billion yen.

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