Sony reveal their quarterly results: the numbers disappointing sales and less than ever

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Still the smart phone sector in the Sony stable recording financial losses after the company unveiled Japan city announced its financial results for the second quarter of this year.

During the period between 1 July and 30 September 2018 Sony was able to sell 1.6 million smartphones, compared to only $ 2 million units during the second quarter ending June 30. In the same period of 2017 can Sony shipped 3.2 million smartphone, which means a decrease by half.

sony 2nd q

Sony has suffered over the past few months of declining sales in Europe and South America, the Middle East and predicted earlier that the annual sales of 9 million smartphone, but the latest reports indicate that the Japanese company will be able to barely shipped 7 million units during this year.

On another note away from the smartphones, Sony has been able to achieve positive numbers so increased its operating profit to 7.72 billion USD thanks to the growth of the semiconductor and PlayStation.

What do you think of these numbers? What are the reasons for these negative numbers?

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