Sony forecasts 6.5 million smartphone sales for a full year - is this rock bottom?

The final calendar quarter of 2018 was a tough period for smartphone vendors in general and major companies like Apple, Samsung, and LG in particular. Sony’s mobile business didn’t do very well between October and December either, but luckily for the Japan-based tech and entertainment giant, several of its other divisions were profitable enough to offset the Xperia family’s latest big losses.

While overall sales and operating revenue were down for Sony’s third quarter of the 2018 fiscal year compared to the October - December 2017 timeframe, operating income (aka profit) surged from 350.8 ...

Source PhoneArena http://bit.ly/2BeQdPU
via Seoandserver