Sony eyes record profit as gaming hits boost earnings

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Sony has forecast a huge jump in annual operating profit as demand for its games, including God of War and Spider-Man, boosted earnings.

The Japanese electronics firm raised its annual profit forecast to 870bn yen ($7.7bn; £6.0bn), up 30% from estimates given in July.

The upgrade comes after strong sales in its Playstation division drove revenues in the second quarter.

Gaming also spurred a strong rise in operating profit at rival Nintendo.

IDC gaming analyst Sam Reynolds said both Japanese firms had posted “impressive earnings based on the strength of the gaming market”.

He said Sony could credit strong sales to “the quality of games on the platform” which include bestsellers God of War and Spider-Man, while demand for Red Dead Redemption II has also been high.

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