Sony Mobile reports decline in sales for a fifth quarter in a row

Sony Corporation released its financial results for the latest fiscal quarter between April and June, which is marked as Q1 2019 in the internal documents but is effectively the second quarter of the calendar year. While income rose 18% on a yearly basis, the Electronic Products & Solutions division reported a decrease both in sales and in operating income. While the whole EP&S department is going down quarter over quarter, the Mobile Communications segment brought JPY1 billion in income, instead of shedding JPY10 billion from the total budget. This is the outcome of several...