Sony replaced the head of its mobile division yesterday, and today its latest earnings report gave a clearer indication of why. Sony’s mobile unit increased its revenue in the last quarter of business (its Q2 2014) by 1.2% to $2.83 billion, but the company wrote down the valuation of the business by a whopping $1.58 billion. Read More
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Friday, October 31, 2014
Sony Writes Off $1.5B From Its Mobile Division As It Cuts Smartphone Sales Target Again
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