Sony announces $3 billion buyback as memory prices take toll
Sony's shares are down 22% this year as escalating component costs erode margins across the consumer electronics industry.
- Sony Gives Upbeat Outlook With Help From Music and Games Empire Bloomberg —
- Sony GAAP EPS of ยฅ171.44, revenue of ยฅ12479.62B; gives FY27 outlook Seeking Alpha —
- Sonyโs PS5 sales plummet amid price rises and a memory crisis The Verge —
- Sony forecasts lower gaming business sales amid memory price surge ๐น Reuters — ยท 1min
- Sony targets double-digit profit growth despite slowdown in PlayStation 5 sales amid memory price crunch CNBC —