Sony sold 1.3 mn smartphones during holiday period


Tokyo, Feb 5 (IANS): Tokyo-headquartered Sony sold 1.3 million smartphones during the holiday season, which is over twice as many as the previous quarter wherein the sales numbers stood at about 600,000.

The company announced this in its financial report for the third fiscal quarter (October-December) of 2019.

However, the report shows 20 per cent decline in profit on a quarterly basis due to weak sales of imaging sensors or content from the entertainment department.

The last three months of 2019 saw the operating profit reach JPY300 billion (around $2.75 billion), declining from JPY377 billion ($3.46 billion) in October-December 2018, GSMArena reported on Tuesday.

The Japanese tech giant improved its full year profit forecast by about 5 per cent - instead of JPY840 billion, Sony now expects to earn JPY880 billion ($8.07 billion) when it ends its fiscal year on March 31, 2020, the report added.

It is pertinent to note that in May 2019, Sony Mobile exited India market to focus on other regions.

The firm's focus in the country continues to be on expanding its camera, audio and TV business in the country.

 

  

Top Stories


Leave a Comment

Title: Sony sold 1.3 mn smartphones during holiday period



You have 2000 characters left.

Disclaimer:

Please write your correct name and email address. Kindly do not post any personal, abusive, defamatory, infringing, obscene, indecent, discriminatory or unlawful or similar comments. Daijiworld.com will not be responsible for any defamatory message posted under this article.

Please note that sending false messages to insult, defame, intimidate, mislead or deceive people or to intentionally cause public disorder is punishable under law. It is obligatory on Daijiworld to provide the IP address and other details of senders of such comments, to the authority concerned upon request.

Hence, sending offensive comments using daijiworld will be purely at your own risk, and in no way will Daijiworld.com be held responsible.