Sony income sales drop in Q3| MENAFN.COM

Saturday, 28 January 2023 09:57 GMT

Sony income sales drop in Q3


(MENAFN) Sony Corp, regarded as a key producer of image sensors for Apple's IPhones' proclaimed that it was facing drop in the premium smartphone market.

Furthermore, videogame sales and cost cuts in Sony's mobile unit pushed operating revenue up 11 percent, but the firm confirmed hit to a segment.

Weaker IPhone sales and drop in China's smartphone market, have weighed on Sony shares, while it closed up by 6.1 percent ahead of earnings.

In addition, Sony sales of devices, involving image sensors, decreased 13 percent from a year earlier, and the segment touched a loss of USD 0.097bn.


Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.