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SNE News and Press, Sony Corporation From 02/20/21

Stock Information

Company Name: Sony Corporation
Stock Symbol: SNE
Market: NYSE
Website: sony.jp

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SNE - What Sony Corporation $SNE is Telling us About its Future

The next move in a stock's price is often identifiable in advance.  This Sony Corporation (NYSE: SNE) report attempts to do that, and in the process help investors learn how price acton can be revealing.  Trading plans for SNE make these observations actionable, but the data o...

SNE - As The Switch Peaks, Nintendo Needs To Build The Next Growth Engine

Nintendo surpassed fiscal Q3 expectations by a healthy margin at both the revenue and operating earnings lines, with double-digit sales growth in hardware and software. Switch sales haven't peaked, but momentum is likely to slow from here, and management is not willing to start talkin...

SNE - 3 Consumer Electronics Stocks Outperforming Apple in 2021

Apple (AAPL), an iconic technology company, has been the poster child of the consumer electronics market for quite some time. However, it is gradually reaching a saturation level, after which its growth might stagnate. Conversely, Sony (SNE), Universal Electronics (UEIC), and Turtle Beach (HE...

SNE - Sony Trades At A Discount To Sum Of The Parts With Free Catalysts

Sony's management continues to under-promise and over-deliver. Management has returned Sony to having its fortress balance sheet, and has been buying back under-valued stock. Sony has the most coherent vision in the EV market I've seen from a Japanese company, and the market is no...

SNE - Videogame sales jump again, up 42% to January-record $4.7B

A record holiday season for videogame sales didn't let up in January. Overall sales rose 42% in January 2021 from the prior January to hit $4.71B, according to NPD Group, kicking off what will be a year filled with tougher comparisons vs. the pandemic months of 2020. That news follows a Decem...

SNE - AM Best Upgrades Issuer Credit Rating of PMG Assurance Ltd.

AM Best has upgraded the Long-Term Issuer Credit Rating (Long-Term ICR) to “a+” from “a” and affirmed the Financial Strength Rating of A (Excellent) of PMG Assurance Ltd. (PMG) (Bermuda). The outlook of these Credit Ratings (ratings) is stable. The ra...

SNE - Is Sony a Buy Amid the Chip Shortage?

Auto Manufacturers and electronics companies are struggling to meet demand due to a global chip shortage. This has hampered Sony's (SNE) ability to keep their new PlayStation on store shelves. Is the company still a Buy? Read more to find out. One of the biggest news stories in the marke...

SNE - Wall Street Breakfast: Something Is Bumbling

Listen on the go! A daily podcast of Wall Street Breakfast will be available by 8:00 a.m. on Seeking Alpha, iTunes, Stitcher and Spotify. Something is bumbling Another glitzy IPO will begin trading today as a strong streak continues for stocks and the public markets. Bumble, the hot app which...

SNE - Does the semiconducter shortage need another Operation Warp Speed?

General Motors (GM) became the latest automaker yesterday to warn about a chip shortage, saying the semiconductor crunch could cut its earnings by $1.5B-$2B in 2021. It's not alone. Many companies across multiple industries have been flagging the problem in recent months, such as AMD (AMD) an...

SNE - Sony Is Selling the PS5 at a Loss, but Investors Shouldn't Worry

Sony (NYSE: SNE) has been selling the PS5 gaming console at a loss since its launch last November. In its third-quarter report, Sony said its "strategic price points" for the PS5 were lower than its manufacturing costs. Sony didn't disclose exactly how much money it loses on eac...

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