The tech giant fails to reduce its PS5 sales target

Sony said sales of its flagship PlayStation 5 console totaled 20.8 million units in fiscal 2023, slightly below the already revised target of 21 million units.

Nikos Pikaridis | norphoto | Getty Images

Sony on Tuesday announced a 7% decline in its annual profit in fiscal 2023, hurt by a decline in its financial services division.

The company also narrowly missed its forecast for unit sales of its flagship PlayStation 5 gaming console for the full year.

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