Sales of Sony smartphones fell sharply

Sales of Sony smartphones fell sharply

The company has published its activity reports for the second quarter of financial year 2018.

As it turned out, the mobile division was the weakest for the company. During the quarter, this unit sold 1.6 million smartphones on the world market, while in the same period last year the result was 3.4 million units.

Thus, sales of Sony smartphones fell by more than two times. The revenue of this unit amounted to 1.04 billion dollars, which is worse by a third.

In addition, the operating loss increased to $ 260 million. In General, the company's revenue for the second quarter amounted to 19.58 billion dollars.

Operating profit increased by 17% and net profit by 32%. Most of the company's revenue brings a division of Game&Network Services (G&NS).
Category: Business | Views: 31 | Tags: Sony
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