Sony made a loss of $785 in the past quarter, despite a 7.2% jump in revenue on the same period in 2013. The Mobile division reported a loss of $1.58 billion. From those figures, it’s clear that other divisions paid for Mobile’s loss. One division in particular has come out most profitable, and it wasn’t the PS4-making Game business.
All of Sony’s key businesses performed well, turning a profit in the last quarter, Pictures being an exception, but Mobile was the real black hole where profit should have been. As the rhetoric goes, the PS4’s sales saved Sony in the last quarter.
Other mobile giants have been suffering too, notably Samsung’s quarterly profit dipped 49% in the last quarter. That’s one point the media beating on Sony which isn’t being reported as loudly. Clearly, whatever is going on in Sony’s Mobile division, isn’t exclusive to Sony. Sony’s mobile sales took a plunge – but the culprit wasn’t just the Chinese market, there was a bigger surprise.
How well are the other businesses doing and what’s going on in Sony’s Mobile house?
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