Tuesday 30 October 2018

Sony sold just 1.6 million smartphones in Q3; losses to continue through 2020

The Sony Xperia XZ3

Sony as a whole is doing extremely at the moment – the company is forecasting a record profit for Q4 2018 – but when it comes to its smartphone unit, things just appear to be getting worse.

For the three-month period ending September 30, Sony has announced that it shipped just 1.6 million smartphones. This represents a huge decline of 1.8 million units versus the same period last year and a further drop of 0.4 million when compared to the second quarter of 2018. In terms of revenue, these numbers translated into a ...

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