|Bid||37.29 x 200|
|Ask||39.68 x 400|
|Day's range||38.62 - 38.93|
|52-week range||27.71 - 38.93|
|PE ratio (TTM)||75.40|
|Dividend & yield||0.18 (0.47%)|
|1y target est||N/A|
Sony on Monday showed off rich, action-packed new PlayStation 4 video games, some for virtual reality, as it defended its crown as the top-selling new-generation console. There was no mention of the Xbox One X console unveiled a day earlier by rival Microsoft in a heightened challenge to PS4. "PlayStation is home to all the biggest and best game franchises in the world," Sony Interactive Entertainment worldwide studios chairman Shawn Layden said during a rapid-fire presentation of video trailers.
Sony chief executive Kazuo Hirai on Tuesday hailed a years-long company restructuring as a success, but said struggles in its movie business remain a "pressing issue". The 56-year-old company veteran was tapped five years ago to lead a major overhaul at the once-iconic company, which was suffering from huge losses largely tied to a hard-hit consumer electronics business. After years of layoffs and asset sales, Sony is on track to report a 500 billion yen operating profit this fiscal year -- its highest in two decades.
Sony said Friday it is on track to report its highest annual operating profit in 20 years owing to strong sales in its smartphone component business and PlayStation console division. The once all-conquering company, which has been emerging from a painful restructuring, said it expects its operating profit to hit 500 billion yen ($4.5 billion) in the year to March 2018. Net profit in the current year would more than triple to 255 billion yen, Sony said.