Sony Reports $35 Million Net Profit In Its First Quarter Earnings

Posted on Aug 1 2013 - 12:15pm by Editorial Staff

Sony-Q1-Earnings

Sony today reported its first quarter earnings with having a $35 million net profit on board with mobile revenue jumps 36 percent. Thanks to strong sales of its flagship Xperia smartphones in Japan and rising image sensors to phone makers shipment, the company result in reporting a higher than expected first-quarter operating profit.

The company has kept its full-year operating profit outlook unchanged on compared with its last forecast of month of May of 230 billion yen, compared with a 225.8 billion yen full-year operating profit. Sony also rose its full=year revenue forecast to 7.9 trillion yen from the previous 7.5 trillion yen.

About the Author
Editorial Staff

Editorial Staff at I2Mag is a team of subject experts led by Karan Chopra.