Sony ends Q3 2015 profitable thanks to PlayStation, image sensors
In spite of a lagging mobile division, Sony announced today it ended Q3 with a profit. The company's PlayStation and image sensor divisions are to thank for the $278 million (JPY 33.6 billion) profit. Overall revenue for the quarter is down 0.5% over a year ago to $15.8 billion, partly because of the strong dollar. Operating profit came in at $733 million.
Sony Mobile revenue is also down by 15% from over a year ago reaching $231 for the quarter. Sony surely remembers Q3 2014's loss of $1.58 billion, so this quarter's $172 million isn't as bad. The company explains the low smartphone sales with its "strategic decision not to pursue scale in order to improve profitability."
The game and network services division, from which the PlayStation 4 is part of, rose 16.5% year-over-year and account to $3 billion in revenue and $199 million profit. The company's image sensor division continues to be one of the company's most important parts with $215 million profit on $1.5 billion revenue.
Reader comments
- Asterkikasd
- 29 Jan 2016
- jn{
They can price it slightly lower than Samsung and Apple but not too low.
- agent 47
- 22 Nov 2015
- 9xa
yeah that's the wise decisions for company if you want to earn lot for this year you need to sale low cost of smartphone that comes a good quality,and at the same time you have also a high end smartphone,, cause not all people can afford to buy a hig...
- Anonymous
- 30 Oct 2015
- 6XU
One day I thought to buy my first smartphone. I used my friends's iPhone 5 and iphone 6 and started to hate its basic design and user interface. I desided to buy an android phone. And searched many times for powerful smartphones. I wanted to buy Sams...
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