sony phone shipments fell by 55 during q2 2019

Sony is continuing to lose ground in the smartphone world. The company’s latest financial report shows it shipped only 900,000 phones in the April-June period – the lowest in the past 9 years. Just a year ago Sony managed 2 million phone shipments for the same period which itself was a low point compared to the likes of 2014 when the company hovered around the 10 million mark.

As a result of the slumping sales, Sony’s financial department foresees that its phone sales will bring in only JPY 380 billion ($3.55 million) in revenues which is 7% below the previous estimates. In addition,…

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Link: https://www.gsmdb.com/gsmarena/sony_phone_shipments_fell_by_55_during_q2_2019-news-38469.php