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Sony’s latest quarterly earnings report suggests that the Japanese giant’s mobile division is “dead weight”: while the gaming portion impressed with a year-over-year increase of about $317 million, the mobile team “lost over $480 million as compared to fiscal Q2 of the previous year.” Some say the Xperia brand is on its last legs.
While Sony Mobile isn’t likely to be shut down any time soon, the company can only sustain supporting the division at losses like this for so long before it will have to make some hard decisions. After all, even though making over $1 billion more in a quarter as compared to the prior year is good news, it’s not nearly as good when you find out half of it will go to keep a struggling division afloat.
While Sony Mobile isn’t likely to be shut down any time soon, the company can only sustain supporting the division at losses like this for so long before it will have to make some hard decisions. After all, even though making over $1 billion more in a quarter as compared to the prior year is good news, it’s not nearly as good when you find out half of it will go to keep a struggling division afloat.