PlayStation 5 sales hit all-time high, profit hits record

Sony posted record annual operating revenue on Friday, helped by its chip division and sales of its flagship PlayStation 5 gaming console which hit a record for the financial year.

Here’s how Sony did in the March quarter versus Refinitiv consensus estimates:

• Revenue: 3.06 trillion Japanese yen ($22.7 billion) versus 2.92 trillion yen expected. That represents a 35% year-on-year rise.
• Operating profit: 128.5 billion Japanese yen versus 124.34 billion yen expected. That represents a 7% year-on-year fall.

For its full fiscal year which ended in March, Sony…