Sony shares rise after PlayStation Plus price increase – INDIA

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You raise the price significantly and then give us only mediocre games. Gamers are unhappy with Sony after the announcement of new prices for annual PlayStation Plus plans. After all, the rise in prices is almost 30%. But investors have a different opinion. Shares of the company rose in trading in Tokyo after the announcement on Friday up to 3.4%which is the highest in a month.

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Analyst Amit Garga of CLSA estimates that Sony will make an additional profit of about $378 million per year, incremental sales should total up to $688 million. In addition, according to him, Sony still has room to maneuver in this area and players will be willing to pay even more.

Sony explained that the increase in the price of PlayStation Plus will allow it to continue to provide high-quality games and additional subscription benefits. At the same time, we learned that in September we will be able to replenish our electronic library with books. saints row, Black Desert Traveler’s Edition And Generation Zero.

We remind you about testing cloud streaming for PS5. This feature will be available for the PlayStation Plus Premium plan.

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Source :Indian TV

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