Friday, April 26, 2024

Sony posts $780 million operating profit for Q2, but mobile sales continue to decline

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Sony_Xperia_Z3v_Front_Lower_Sony_Logo_TASony’s second quarter numbers are in, and while overall things are looking up for the company, their mobile division is still floundering.

The company posted an operating profit of $780 million for the second quarter of 2015, with an overall revenue of $14.5 billion. Sony’s image sensor division had a fantastic year, bringing in $249 million, while its music portion made $260 million. The gaming division of Sony focused around its PlayStation consoles grew to $160 million. Mobile phones and tablets didn’t look so hot, though, with an operating loss of $188 million.

Sony has shifted their focus away from mobile phones, but they’re still committed to the high-end market with the likes of the Xperia Z4 that was released this year. But with how competitive the mobile market is, it just doesn’t make sense for the company to continue releasing half-baked phones that stand no chance of succeeding against giants like Apple and Samsung, not to mention how much market share is being eaten away by cheaper smartphones.

source: Sony

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