Friday, January 29, 2016

Sony posts $1 billion profit, but mobile sales take a tumble


Sony has posted its Q3 2015 earnings, and while the manufacturer has done significantly better from Q2 2015 on account of strong PlayStation sales, mobile sales have fallen 14.7 percent. Overall, Sony made ¥2.58 trillion ($21.5 billion) in revenue, with an operating profit of ¥202.1 billion ($1.69 billion). Net profit was at ¥120.1 billion ($1 billion), 33 percent higher than Q2 2015.



The PlayStation division saw a sales increase of 10.5 percent, bringing in an overall revenue of ¥587.1 billion ($4.89 billion)….



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Sony posts $1 billion profit, but mobile sales take a tumble

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