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Sony Q3 results still show mobile loss

Sony has never been a top Android phone manufacturer, but it has been a long time ago. As the smartphone's market plateaus, Sony loses money on mobile quarters after the quarter, and the latter is no exception. While Sony generally made money at the end of 2018, the mobile department is still a loser.

Sony's fiscal year starts in April, and the new results are for the third quarter, with the company producing 377 billion yen ($ 3 billion). The table below (in billions of Japanese yen) illustrates the problem ̵[ads1]1; Sony's mobile communications department lost 15.5 billion yen ($ 141.6 million). It is smaller than its losses in the previous quarter, but that is a significant decline from the third quarter last year when the mobile division had a 15.8 billion Yen profit.

Mobile profits have evaporated thanks to a decline in sales in Japan, Europe and Latin America. Last year, Sony moved 4 million phones in the third quarter, but sold only 1.8 million in the last quarter. It has revised the forecasts down, suggesting it will not return this trend soon.

Sony is a large company with many divisions, almost all of which make money. Sony can tolerate any loss in mobile when music and gaming devices earn solid profits. That may not be the case forever, though.

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