Despite the hype--Sony camera sales down 6.9%

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Elite83
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Despite the hype--Sony camera sales down 6.9%
6 months ago

Quote from Engadget.com, Source.

"Sony's hugely improved smartphone range have done well for the company, and mobile sales in the last quarter have increased 39.3 percent since the same period last year. However, the rest of the financial news makes less cheery reading for Sony fans. In total, the company's cut its annual profit forecast down to 30 billion yen (roughly $300 million) -- a 40 percent decrease from the 50 billion yen it expected to pull in, with blame being leveled at multiple flops from its movie department.

Camera sales dropped 6.9 percent, following the continued decline of video camera and compact point-and-shoots -- its imaging arm saw a total loss of $24 million."

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