Posted Thu Jul 30, 2015 at 10:37 AM PDT by Brian Hoss
Kazuo Hirai is looking at some black ink.
Sony's April to June numbers have come, and the story is this, operating profit is not only up, but has completely beat the street's expectations. The company is still hemorrhaging money in its mobile business, which is being wound down, but the mobile business of its competitors is a major strength for Sony. Sony's renowned image sensors are powering mobile devices the world over and demand is rising.
The image sensor business has been one pillar for CEO Kazuo Hirai's plan to get Sony profitable (and really, even solvent), while the other is the hit PS4. Not only has PS4 operating income (including console sales, which have reached 25.3 million lifetime for the PS4) been strong in 2015 (beating even Sony's estimations), but Sony has even received some cyber-attack-related insurance recovery payments.
Sony's year hasn't all been on the up and up, as a recent stock offering hurt was big trouble for the company's stock price, however, Sony's stock as of now towers over its position in 2014.
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