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New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.
- Sony Group Corp (NYSE:SONY) reported fourth-quarter FY21 sales growth of 1% year-on-year to ¥2.26 trillion.
- Game & Network Services revenue was ¥665.3 billion (+¥4.9 billion), and operating income was ¥87.3 billion (+¥55.6 billion).
- Music revenue was ¥294.6 billion (+¥27.2 billion), and operating income was ¥49.9 billion (+¥14 billion).
- Pictures revenue was ¥312.2 billion (+¥112.1 billion), and operating income was ¥11 billion (+¥11.3 billion).
- Electronics Products & Solutions revenue was ¥494.1 billion (+¥19.8 billion).
- Imaging & Sensing Solutions revenue was ¥255.3 billion (+¥23.1 billion).
- Consolidated total operating income grew 109% Y/Y to ¥138.6 billion. EPS was ¥88.98.
- Sony held ¥2.05 trillion in cash and equivalents.
- Sony benefited from solid demand for its PlayStation 5 games console amid supply constraints from component shortages and logistics disruptions, Bloomberg reports.
- "Spider-Man: No Way Home" played a crucial role in FY21 earnings.
- Buyback: Sony looks to buyback up to 25 million shares for ¥200 billion.
- Outlook: Sony expects FY22 revenue of ¥11.4 trillion and operating income of ¥1.16 trillion.
- Price Action: SONY shares closed lower by 3.29% at $80.91 on Monday.
- Photo Via Flickr
Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.
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