Latest Report Reveals Positive Growth In Sony S Mobile Business
Sony Mobile Communications sustained a profit of $37 million (3.7 billion JPY) in Q2 2016, up from $4 Million in Q1. The company’s restructuring cost it over $500 Million in 2015, however, thanks to the downsizing of lineups and pivot to lesser models harvesting higher margins, things seems to be have patched up at least for now. Selling about 3.5 Million handsets in the most recent quarter, their sales in total, were down by 40 percent year-on-year as Sony axed the majority of budget offerings....