Sony financials Stories October 31, 2013

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 …  expand full story

Sony financials Stories August 2, 2013

Xperia Z helps Sony’s mobile division turn $28M loss into $60M profit

Sony’s mobile division has posted a profit of $60M in Q2 after making a $28M loss in the same quarter last year, reports the New York Times.

Sony reported a “significant increase” in quarterly sales of smartphones, to 9.6 million from 7.4 million in the period a year earlier. Sony said average selling prices had risen as well, helping the mobile division post a profit of $60 million, after a loss of $28.1 million in the year-ago period.

Its early launch of its flagship Xperia Z handset ahead of launches by Samsung and HTC was likely a significant factor, with export numbers assisted by a weak Yen .

Sony may struggle to maintain this performance, however. The successor to the Z, the Xperia Z Ultra, is due to launch next month with a $799 off-contract price-tag that puts it firmly up against the Samsung S4, HTC One and Moto X.
Via BGR

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