Sony just published its Q2 financial report and unfortunately it holds little good news for its struggling mobile business. The Japanese firm shipped just 2 million phones in Q2 this year compared to the 3.4 million in Q2 2017. That's just $1.18 billion revenue and a 27% decline year-over-year. The main reason lies in the weak Japanese and European sales, but interestingly, Sony remains stable in the rest of the world. It has also forced Sony to re-calculate its projected sales and revenue for 2018. Initially, the OEM forecasted 10 million sales accounting for $5.74 billion until...
Source: https://www.gsmarena.com/sonys_q2_2018_results_are_in__sales_are_even_weaker_than_last_year-news-32523.php
