dragonfart28
Banned
With consumer spending converging on Apple Incs iPads and Samsung Electronics Cos Galaxy phones, Sony on Thursday forecast smartphone sales to rise more than one-fourth to 42 million in the year to next March. It predicted sales of its digital cameras and Playstation consoles would contract at double-digit rates.
Sonys boss, Kazuo Hirai, in 2012 identified mobile products, gaming and digital imaging as the core of a rebound in consumer electronics after more than a decade of decline for the pioneer of personal music players and compact discs. Of those three, mobile has since emerged as the best near-term hope for Sony to turn around its electronics business.
Financial services mainly its insurance subsidiary posted an operating profit of ¥146-billion, making it the consumer electronics companys most profitable business.
http://www.theglobeandmail.com/repo...nics-to-hinge-on-smartphones/article11810476/