PlayStation VR Spurs Sony to Raise Annual Guidance

Clifton DawsonAnalysis, Interactive Entertainment

Summary: PlayStation VR headset will be shipped in October for a suggested retail price of USD $399. Parent-company Sony held its investors’ meeting and provided an overview of and forward guidance for its business lines. VR (and PlayStation TV) content will drive games and network revenue.   Sony hosted its annual investors’ meeting last week and provided a three-year financial and business outlook. In this post, we’ll focus highlights from Sony’s investors’ day, with a particular focus on one of its most relevant virtual reality-related segment: games and network services. Sony sold more than 40 million units of PlayStation, and expects to sell 20 million this year. … Read More