Sony forecasts $1.2 billion profit bounceback

Sony forecasts $1.2 billion profit bounceback

Sony forecasts $1.2 billion profit bounceback Sony announced its profit forecast for the fiscal year Thursday and is expecting to bounceback with a $1.2 billion net income. The firm has pivoted in recent years from its heritage as a hardware manufacturer to the provider of entertainment content. PlayStation is its main hardware but revenue is coming from movies, games, streaming and other entertainment verticals.