Sony Reports 9.6M Smartphone Sales in Q1
Sony Reports 9.6M Smartphone Sales in Q1

Sony Reports 9.6M Smartphone Sales in Q1

Sony Reports 9.6M Smartphone Sales in Q1

Sony sold 9.6 million smartphones in Q1 2013, reports revenue up by 13% YoY to $17 billion: http://bit.ly/12isxD1

Sony has announced its fiscal Q1 2013 earnings of 1712.7 billion yen ($17.3 billion) in revenue, up 13 percent year-on-year primarily due to favorable foreign exchange rates, a rise in financial services revenue, and of particular interest — an increase in smartphone sales.

Sony said in a presentation that it sold 9.6 million smartphones in the quarter, up from the 7.4 million units it sold in the same quarter a year ago. Due to this ”significant” increase in the unit sales of smartphones and an increase in the average selling price of smartphones, Sony’s mobile products and communications unit (which includes mobile phones and personal computers) posted a 36.2 percent increase in sales to 389 billion yen ($3.9 billion). Full Article via TNW.