As Sony (NYSE: SNE) prepares to launch the highly anticipated PlayStation 5 video game console this holiday season, the PlayStation 4 appears to be going out in style. The stock has nearly doubled over the last year on top of strong results from Sony's gaming business. For the fiscal first quarter, the company reported strong earnings results thanks to high engagement with the PS4 amid the COVID-19 pandemic.
Investors might be looking at Sony as a top gaming stock to consider in light of its recent performance and the prospects for continued growth with the launch of the PS5. But before taking the plunge, here's three things you need to know about Sony's most important business.
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