GSMArena.com - Latest articles: Sony posts record profit, but sold only 1.6 million phones in Q3

GSMArena.com - Latest articles GSMArena.com is the ultimate resource for GSM handset information. This feed contains the latest articles (news and reviews) in chronological order.

Sony posts record profit, but sold only 1.6 million phones in Q3 Oct 30th 2018, 22:00 Sony's mobile business cannot catch a break - last quarter it published its financial report, revealing only 2 million phones sold between April and June. The July-September numbers are out, and they are even less impressive - just 1.6 million, which is half the sales this time last year. In term of revenue the numbers are down from JPY172 billion to JPY117.8 billion, with an operating loss of JPY29.8 billion, half of it due to an impairment charge against long-lived assets. Sony Mobile Communications financial results During the past quarter, Sony saw decreased sales mainly...

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