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Spider-Man: No Way Home Success, Gaming Boom Help Sony Lift Annual Profit Outlook

Sony upgraded its full-year net profit forecast on Wednesday, buoyed by the success of its latest Spider-Man movie and strong results in the gaming sector despite the global chip shortage.It comes as the Japanese tech giant battles for gaming supremacy with US rival Microsoft after its blockbuster acquisition of Activision.Sony already logged a record net profit in 2020-21, with a pandemic boom in gaming swelling its profits.Although the huge demand for gaming is tapering now, Sony said it is continuing to see strong…

PS5 Sales Cross 17 Million in 2021, Sony Promises 10 Live Service Games by 2026

Sony is set to launch more than 10 live service games by 2026, the company announced during its latest earnings report on Wednesday. The company revealed that it sold 3.9 million PlayStation 5 units in the third quarter of 2021, bringing the total number of current-gen consoles sold by Sony up to 17.3 million, which is well ahead of Microsoft and its Xbox Series S/ X consoles. Sony says it expects to sell 19.3 million units in total by March 2022, down from its previous estimate of 20.2 million.During the company's…

Destiny 2: The Witch Queen Release Date, Price, PC System Requirements, Preload, Review, and More

Destiny 2 — the popular free-to-play online-only multiplayer first-person shooter — is now in its fifth year and will soon receive its sixth expansion with Destiny 2: The Witch Queen this week. The Witch Queen expansion pack brings a new location in Savathûn's Throne World along with new maps, weapons, mission, and a lot more. Along with a single-player campaign, the standard Destiny 2 game has co-op modes — Strikes and Raids — and also Crucible that allows for player versus player (PvP) combat. Developed by Destiny 2…

PlayStation Boss Jim Ryan Teases More Acquisitions in Coming Months

PlayStation Studios is expected to acquire more gaming companies this year. The news was confirmed by Sony Interactive Entertainment CEO Jim Ryan on the official PlayStation podcast. Sony acquired five major studios in 2021, and recently announced the acquisition of Bungie, the developer of the original Halo trilogy, and Montreal-based Haven Studios that is currently working on a AAA multiplayer title. Sony does not want to be left behind after Xbox Game Studios went on an acquisition spree of its own, highlighted by the…