Sony's mobile business is definitely going through a rough patch
recently and sadly things aren't really looking up, especially after the
less than successful
Xperia Z3+ flagship. Still, we shouldn’t be too worried about the
Japanese tech giant, as its diverse business is hardly going under. On
the contrary, the company's Q2 financial report cites a whopping $780
million in operating profits, which is a 39% annual increase.
This all comes from a quarterly revenue of $14.5 billion, which is 0.1% down on a year to year basis.
Among the best performers are the music division, which now generated profit of $256 million, up 173% year-on-year. The camera sensor business has also been sprawling - up 164% to a total of $244 million. And finally, the real A-student has definitely been Sony's console business. It is up the whopping 350% and reeled in a total of $157 million during the quarter.
Sony claims that the PlayStation 4 has been outselling the Xbox one on an international scale. Console sales are up for another major boom, with China's 14 year console ban coming to a close, so we expect even better sales in the months to come.
This all has proven enough to offset the poor performance of a couple of other Sony divisions, like Sony pictures, which has $94 million in losses. The mobile division has really been struggling with a loss of $184 million, 16% worse than the same period of last year.
Hopefully Sony will manage to turn things around as the new, proper, Xperia Z5 flagship arrives in the Fall.
This all comes from a quarterly revenue of $14.5 billion, which is 0.1% down on a year to year basis.
Among the best performers are the music division, which now generated profit of $256 million, up 173% year-on-year. The camera sensor business has also been sprawling - up 164% to a total of $244 million. And finally, the real A-student has definitely been Sony's console business. It is up the whopping 350% and reeled in a total of $157 million during the quarter.
Sony claims that the PlayStation 4 has been outselling the Xbox one on an international scale. Console sales are up for another major boom, with China's 14 year console ban coming to a close, so we expect even better sales in the months to come.
This all has proven enough to offset the poor performance of a couple of other Sony divisions, like Sony pictures, which has $94 million in losses. The mobile division has really been struggling with a loss of $184 million, 16% worse than the same period of last year.
Hopefully Sony will manage to turn things around as the new, proper, Xperia Z5 flagship arrives in the Fall.
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