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Japan s Sony Corp expects profit to decline after pandemic boom

Japan s Sony Corp on Wednesday said it expects operating income to slip 4.3% this business year following record profit from sales of music, gaming and other content to people forced to stay at home by COVID-19 lockdown measures. That demand has helped Sony continue its shift from consumer electronics to entertainment content and digital subscription services, though analysts said it may wane as more people in key markets such as the United States get vaccinated against the novel coronavirus. For the business year started April 1, Sony forecast profit to fall to 930 billion yen ($8.53 billion), missing the 976.4 billion yen average of 19 analyst estimates, Refinitiv data showed.

Sony to enable external storage support for PS5 through software update

Sony is reportedly rolling out the first major software update for PlayStation 5 console, which comes with several new features, including the much-requested USB storage support. According to GSMArena, the players will be able to transfer their games from the PS5 to a connected USB storage device with this feature. You won t be able to play the game from the drive but rather just use it for archival. If you need the game in the future, it s much faster to just transfer it from the drive than download it all over again, the report said on Tuesday. This feature has been available on the PS4 consoles for a while now and they could even run the game directly off the external drive. Even the PS5 allowed transferring and playing PS4 titles from external drives.

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