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

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Sony today announced its consolidated financial results for the first quarter ended June 30, 2015 (April 1, 2015 to June 30, 2015).

The company posted an overall revenue of $14.5 billion, a slight decrease of 0.1 percent from the same period a year ago.

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.

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.

Sony has stated that it will focus on the high-end segment, with new flagship phones rumored to launch later this year.

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