Sony reported a 45% year-over-year increase in second-quarter operating profit to 622.3 billion yen, as stronger results in gaming and movies helped it beat market expectations. The success of Spider-Man: Brand New Day drove a sharp jump in the Pictures division’s earnings and theatrical revenue, while gaming profits also rose on stronger software and network-services sales. Sony raised its full-year operating-profit forecast to 1.87 trillion yen and lifted its sales and net-profit outlooks. PlayStation 5 sales fell to 2.6 million units from 4 million a year earlier, and Sony faces higher memory-chip costs, though the company expects the upcoming Grand Theft Auto VI launch to benefit its games business.
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