Sony mobile sales down 39.6% YoY in Q2 FY16, now expects to ship 17 million smartphones in FY16

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Sony Corporation today reported its revenues for the second quarter of the financial year 2016 that ended September 30, 2016. Sales decreased by 10.8% to 1,688.9 billion yen (US$ 16,722 million) compared to the same quarter last year. Operating income decreased to 45.7 billion yen (US$ 453 million) year-on-year from 88 billion yen mainly due to the deterioration of operating results in the Semiconductors and Components segments. Continue reading “Sony mobile sales down 39.6% YoY in Q2 FY16, now expects to ship 17 million smartphones in FY16”