As a global leader in consumer electronics, Sony is well known for manufacturing an array of products including televisions, digital cameras, smartphones, and headphones. However, the company is most commonly associated with the widely popular line of home video game consoles under the gaming brand PlayStation. Of the all-time sales of video game consoles, Sony registers three of its products in the top five, with Nintendo’s DS and Game Boy devices making up the rest. Other competitors include Microsoft’s Xbox, although Sony has sold nearly three times as many of its latest PlayStation 4 console when compared to the Xbox One.
Alongside the manufacturing and sales of professional and consumer electronic devices, the Sony enterprise also comprises a music division and a motion picture film segment. In 2019, Sony’s music segment revenue amounted to over seven billion U.S. dollars, part of a global music industry that is projected to be worth over 65 billion U.S. dollars by 2023. From its film segment, Sony has generated around nine billion U.S. dollars in annual revenue in recent years, with box office revenue in North America alone reaching 1.35 billion U.S. dollars in 2019.
