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Strong smartphone sales were about the only good news for Sony investors in today’s earnings release, mobile sales in the last quarter up 39.3 percent year-on-year, led by its flagship Xperia Z.
Cameras, TVs, gaming and movie divisions all lost money, leading the company to slash its annual profit forecast by 40 percent to $300M …
Sony did, however, also make money from its image sensors and components, and is anticipating a successful launch of its new PS4 games console.
Sony’s Mobile division returned to profit in the previous quarter, having made a loss in the same period the previous year.
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