Strong sales of PlayStations and camera sensors for smartphones helped Sony post US$780 million profit
Sony had a fine Q1 2015, posting an overall operating profit of US$780 million thanks to strong sales of PlayStations and camera sensors for smartphones.
Image source: Sony.
Sony has its PlayStation and camera sensor business units to thank for a fine showing in Q1 2015, where they posted an operating profit of US$780 million. More importantly, this figure represents a 39% annual increase. Overall, the Japanese tech giants also recorded a quarterly revenue of $14.5 billion, down 0.1% year-on-year.
Earlier this year, Sony announced that it would restructure itself and focus on core businesses - gaming and entertainment. As a result, it was not entirely surprising to see that its gaming division posted profits of US$157 million, which is up 350%. According to Sony, they have sold over 25 million PlayStation 4 consoles worldwide. Other profitable divisions include music, which racked up US$256 million, up 173% year-on-year.
Camera sensors for smartphones, which garnered US$244 million, which is up 164% year-on-year, also fared well. Sony sensors are now used in a wide range of smartphones including Sony's own Xperia Z3 and competitors' phones like the Samsung Galaxy S6 and Xiaomi Mi 4i.
That said, Sony's mobile division continues to do poorly, posting a loss of US$184 million. Sony's movie business did poorly too, losing US$94 million.
Source: Techcrunch
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