Sony posts overall profit of $780 million, mobile sales decline 16 percent

Sony's restructuring efforts — centered around its image sensors and console divisions — are paying off, with the manufacturer announcing a $780 million operating profit for the quarter ending in July. The vendor posted an overall revenue of $14.5 billion, a slight decrease of 0.1 percent from the same period a year ago.

The image sensor division recorded income of $249 million, an increase of 164 percent, with the games division witnessing an increase of 350 percent to $160 million. Sony's music unit also saw a healthy growth of 172 percent, recording an income of $260 million.

Meanwhile, the mobile unit saw an operating loss of $188 million as sales declined by 16.3 percent from the same time a year ago. Sony attributed the decrease to the reorganization of the mobile unit and a "strategic decision not to pursue scale in order to improve profitability." Full-year operating loss for the mobile unit is now predicted to be $480 million.

Sony has announced that it will focus on the high-end segment, with new flagship phones rumored to launch later this year. With the Xperia Z3+ not helping Sony's cause, it remains to be seen if the manufacturer can turn things around with upcoming hardware.

Source: Sony

Harish Jonnalagadda
Senior Editor - Asia

Harish Jonnalagadda is Android Central's Senior Editor of Asia. In his current role, he oversees the site's coverage of Chinese phone brands, networking products, and AV gear. He has been testing phones for over a decade, and has extensive experience in mobile hardware and the global semiconductor industry. Contact him on Twitter at @chunkynerd.