The release of the PlayStation 5 is still on track for the end of the year, Sony says. The Japanese company says it sees an impact of the travel restrictions on the development of the hardware, but these can be overcome, according to the manufacturer.
With that, the release remains planned for the holidays of this year, Sony repeats in discussing its annual and quarterly figures. Although the development of the hardware has encountered problems because employees have to work from home and are not allowed to travel, solutions have now been found.
The corona virus has no negative impact on the development of games by Sony itself or by third parties, the company said. Sony does not want to say anything about its expectations of the sale of consoles. The company has also not yet announced a price for the PS5. The annual figures do show a slide with few detailed expectations; it states that Sony expects a drop in revenues for its game division compared to last year; a fiscal year at Sony runs from early April to late March.
Expectations for other divisions are even lower and Sony expects the electronics division, in particular, to be hit hard next year. In that business unit, the past year had not gone well with smartphones and TVs; sales of both product groups fell sharply, even before the outbreak of the corona virus.
For the first time in years, Sony earned last year with more cameras and video cameras than with smartphones, the figures show. The number of smartphones sold was still slightly higher. Sony delivered 3.2 million smartphones last year; market leaders Samsung, Apple and Huawei are hundreds of millions of copies. Sony supplied 2.9 million of digital cameras.