It seems that Sony is not performing too badly as it was earlier predicted. Japanese giant on Wednesday released its fiscal Q4 results for the three months to 31 December 2014 confirming that it has sold 12 million Xperia smartphones during that period.
Compared to 8.8 million smartphones sold during the same quarter, Sony made some progress in the mobile segment. Backed by the likes of the Xperia Z3 and the Xperia Z3 Compact, Sony managed to provide differentiated experience to its core followers.
Japanese giant narrowed its full-year loss forecast by 26 % citing strong demand for the image sensors and stable sales of the PlayStation 4 home console. Sony further said that it would lay off 2,100 employees in its struggling mobile communications unit by March 31.
For the quarter that ended in December, Sony said net profit more than doubled compared with the year earlier, to ¥89 billion.
Although Sony's mobile division was once profitable and booming, it has been badly performing by rising competition from the likes of Apple and Xiaomi. In the low-end, several Asian handset makers such as Huawei now command respectable share in the Chinese market. At the high-end, Apple's iPhone 6 has been a success since its launch in September 2014.
Sony is rumoured to launch the Xperia Z4 at the annual Mobile World Congress (MWC) in early March 2015.
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