Thursday, October 31, 2013

Sony loses money in Q2, smartphone sales improving

Sony loses money in Q2, smartphone sales improving

Sony has been inching its way back to its former glory, but its return to profitability hit a snag in the quarter that ended this September. The company posted a loss of $197 million from a small profit the previous quarter. The good news is that the Mobile Products & Communication – the division responsible for phones, tablets and computers – showed the biggest increase. Sales were up 39.3% year on year and operating income increased by $2.25 billion, but the division still ended the quarter $9 million in the red.
Sony loses money in Q2, smartphone sales improving


GSM Arena , Sony loses money in Q2, smartphone sales improving, Sony loses money in Q2, smartphone sales improving

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