Follow Us on Telegram For Up To Date Tech News and Reviews

GadgetsNews

Sony’s Smartphone Division Turns a Profit with over 12 Million Units Sold in the Last Quarter

sony cuts 1 000 jobs as it revamps mobile division 1fd596b505

For a long time now, Sony has been in deep financial troubles recording slow growth figures quarter after quarter. The company attributed its losses to its Smartphone division that has faced fierce competition from Samsung, LG, HTC among others.

Sony failed to make any significant progress (in terms of sales) in the Smartphone industry even though its Smartphones have some of the best deigns and features.

Well, it looks like the dark days are over for Sony as the company seems to be turning a profit after all. Sony announced this on Wednesday and revealed that the operating profit for the last quarter of 2014 was $80 million.

Sony also revealed that it had sold 12 Million Xperia devices through this period compared to 8.8 million units it had sold in the same period in 2013. These figures are not that great compared to what other big Smartphone manufacturer are selling but are still worth looking at. These figures are also significant since during this period, Sony simplified its product line and ditched some Xperia Smartphones that do not add value to its bottomline.

Read: Sony to Put More Focus On Its High End Xperia Smartphones

Lastly, Sony expects growth in its image sensor business this year. This is because most Smartphone manufacturers are currently using and planning to continue using Sony’s phone cameras/sensors in their devices.

Read: The Next Flagship Smartphone from Sony Will Be Unveiled In May

About author

Editor at TechArena. I cover all things technology and review new gadgets as I get them. You can reach me on email: kaluka@techarena.co.ke
Related posts
GadgetsNews

How to Pre-Order the Samsung Galaxy Z Fold 6 or Z Flip 6

AppsNews

Digital Taxi Drivers in Nairobi Hold Protest Demanding Better Pay

News

Safaricom Reschedules Today's Planned System Maintenance to a Later Date

Home AppliancesNews

Hotpoint to Offer Up to 40% Discount on Select LG Products