Sony Sells More Smartphones But Gets Drop in Demand For Pc’s and Cameras
Sony with the latest flagship Xperia Z1 and even the other smartphones by the company is doing good in the markets globally. Sony hugely improved smartphone range have done well for the company, and mobile sales in the last quarter have increased 39.3 percent from last year.
However, the above information is for smartphones, Sony as a company got a cut in its annual profit forecast down to 30 billion yen (roughly $300 million) a 40 percent decrease from the 50 billion yen the company expected to pull in. Camera sales dropped 6.9 percent, following a total loss of $24 million. The TV sales are up, but despite the positive effects of cost reductions and restructuring, the division still lost $123 million in the last quarter. Whereas, Sony’s own image sensors and other components continue to make money, which is furthered followed by the boom in its mostly waterproof smart devices, with an operating income of $122 million for Q2 2013.