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Sony reports $1.2bn net loss in Q2 as mobile business takes a hit

The total revenue saw an increase of up to 7.2% as compared with the same period last year

ANI Washington
Sony's mobile unit reported a net loss of $1.2 billion during its fiscal second quarter as its mobile business took a hit.
 
According to CNET, Sony overall generated $17.4 billion in revenue during its fiscal second quarter, which ended September 30.
 
The total revenue saw an increase of up to 7.2% as compared with the same period last year, which is attributed to the popularity of the company's PlayStation 4.
 
However, the company's mobile unit reported a quarterly operating loss of $1.6 billion on 2.8 billion dollars in revenue.
 
During the period, the unit saw revenue rise 1.2% year over year to $2.8 billion, but eventually saw a $1.6 billion on operating loss, the report added.
 

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First Published: Nov 01 2014 | 4:42 PM IST

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