Sony reports Q2 FY14 results, 9.9 million smartphones shipped

Sony Corporation today reported net loss of 85.6 billion yen ($785 million) for its second quarter of the financial year 2014 that ended September 30th. Even though it shipped 9.9 million smartphone in the quarter, mobile communications division has reported an operating loss of 172 billion yen ($1.6 billion) for the quarter. Loss in the mobile communications sector is primarily due to the favorable impact of foreign exchange rates, partially offset by a decrease in sales mainly in Japan as...

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