What the Release of PlayStation 5 Will Mean for Sony Stock
Video game fans have known it was coming for a while. But there's something about confirmation that makes the matter palpable.
Consumer technology and entertainment icon Sony (NYSE: SNE) will release its next iteration of the PlayStation, the PlayStation 5, late this year. A (supposed) leaked picture of the console only further whets gamers' appetites.
For investors, however, prospects for the PS5 may mean little. The company's movie division has been hit or miss, its music arm has finally figured out how to thrive in the streaming era, and its tech component business is all the rage.
Source Fool.com
