Sony: Live Service Is Not The Way To Go
SONYSony Group(SONY) Seeking Alpha·2024-08-28 18:40
Girts Ragelis Introduction Sony (NYSE:SONY) recently reported Q1 ’24 earnings that were decent, so I thought I’d have a look at them and give my thoughts on where the gaming segment is headed. The push into live service is not appealing to many customers and with a failure of the most recent release, Sony needs to rethink this strategy. I am downgrading to a hold rating until I see how this segment develops over the next while. I covered Sony back in May when I argued that the company’s results may be s ...