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Wednesday 2 August 2017

Sony Mobile quarterly results: 3.4 million Xperias sold, profit ticks up slightly

Sony had a good quarter - sales increased 15.2% year on year to JPY 1,858 billion ($16.8 billion) while operating income increased significantly to JPY 157.6 billion ($1.42 billion). The strong performance is largely due to the Financial Services and Semiconductor segments. Sony Mobile shipped 3.4 million phones during the quarter, up from 3.1 million a year ago but down from 5.1 million reported back in February. The division brought in JPY 181.2 billion in sales ($1.64 billion) with an operating income of JPY 3.6 billion. That may be only $32 million, but a year ago the division barely...

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