Friday, January 29, 2016

News::PlayStation sells well (again), but mobile is hurting Sony

Sony made money. Again! The company saw in tiny increase (0.5%) in sales compared to the same quarter last to 2,581 billion yen (or $21.5 billion), but income now stands at $1.69 billion. This quarter's financial results was yet more balancing (and canceling) out of Sony's many moving parts -- profitable and not. Gaming and Motion Picture arms saw increases in sales, but these were cancelled out by woes in Mobile and Devices arms. Once a positive part of the company's earnings sheets, Sony's smartphone camera sensors saw a decrease in sales -- reflecting the tough times that all companies are experiencing with phone sales. The company seems to be stabilizing its giant electronics ship.

Source: Sony



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