Sony to Spend $2.1 Billion in Game Research and Development for FY 2024, Looks to Enter Extended Reality Market - MP1st

Sony Group will be spending $2.1 billion in game R&D for Fiscal Year 2024, with a focus on live service games and "extended reality."

Sony Q2 FY3/2024 Financial Results (Jul - Sep 2023), GN&S sales up by 32% YoY and OI up by 16%; PS5 HW at 4,9m (+48,5% YoY) and SW at 67,6m (+8,2%), Page 3

Sony Activision riposte will involve mobile gaming

Sony Q1 FY3/2024 Financial Results - HW: 3.3M (+38% YoY) ; SW: 56.5M (+20% YoY)

Sony Will Spend $2.1 Billion On Gaming Research & Development Through March 2024

Sony Q2 FY3/2024 Financial Results (Jul - Sep 2023), GN&S sales up by 32% YoY and OI up by 16%; PS5 HW at 4,9m (+48,5% YoY) and SW at 67,6m (+8,2%), Page 3

TechPowerUp

PlayStation Plans to Have a 50/50 Investment Split Between Existing and New IPs by FY2025, New PS Plus Figures Released

Sony plans to spend $2.1 billion in Game Research and Development for FY 2024. The objective is to get into the Extended Reality Market - Game News 24

Sony to invest $2 billion into extended reality research, Pocket Gamer.biz

2024 Promises More Premium Inventory – And Bigger Budgets – For In-Game Ads

Sony investing $2B into XR (metaverse) research and development — VR/AR Association (VRARA)

Post page - NBI