Smartphones Sony’s saviour as cameras, TVs, gaming and movies all lose money

Photo: digitaltrends.com

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.