Sony raises annual operating profit forecast to record $10.5bn

Music streaming and movie segments strong but PS5 sales hit by chip shortage

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Movies and music streaming helped Sony's revenues in the nine months to December. © Reuters

RURIKA IMAHASHI, Nikkei staff writer

TOKYO -- Sony Group on Wednesday said that it expects operating profit for the full year ending in March to hit a record high of 1.2 trillion yen ($10.5 billion), a 26% jump over the previous year and beating its own earlier forecast.

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