BBC News: Japanese consumer electronics giant Sony has said it expects to record much bigger losses because of its struggling mobile business.
For the full year to March 2015, Sony now expects a full year loss of 230bn yen ($2.15bn; £1.3bn) compared with a previous estimate of 50bn yen.
The firm has cut forecasts for sales in its smartphone business as it faces competition from Apple and Samsung.
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According to a recent statement by Sony, it has sold out around 25 million PlayStation 5 consoles.
Ha Ha. LMAO
The z3 is the best phone this year only phone that rivals it is the LG G3 and the only plus is the 1440p 5.5in IPS screen which causes overheating. Also the G3 isn't water or dust proof and the camera is not as good. If the z3 had a 1440p screen it'd be perfect. Can't believe Apple actually thinks they can compete with the z3 or the G3, dual core @1.40ghz vs quad core @2.5ghz with potential to oc. 1gb ram vs 3gb ram 8mp camera vs 20.7/13mp no NFC charging vs NFC charging also got iOS 8 on my iPhone 5 it's a joke such a minimal amount of change, sad really. Can't wait until I get to upgrade to android and get rid of this iPhone 5 piece of garbage. Only nice thing about the iPhone 6 is the look to bad that specs are from 2012 200 dollar android. Such a overpriced polished turd. Can't believe Apple is still getting away with releasing dual cores every gen with .2mhz upgrades and the same amount of ram and camera's with small crappy batteries while androids are all pushing the specs every iteration and battling it out with eachother. More ram faster quad cores more mega pixels fancy dual flashes 2k screens, bigger batteries that run quad cores at way faster speeds longer than apples dual cores. NFc charging competitive pricing competitive specs. Any one that buys an iPhone 6 plus knowing all the above is wasteful with money and clearly clinically proven mentally challenged. See easily to find 2014 iphone 6 vs 2012 nexus 4 lol also I didn't even mention the fact the iPhone 6 is so rediculously overpriced for what's inside it 1gb of ram wtf ?? 1.40ghz dual core ?? 8 mp camera ?? Sch a joke cannot believe how many people aren't crapping all over Apple right now.
I can't see Sony surviving for very many more years the way it is going.
The problem they have is they have far too many good products and they are just not making a profit? Their phones are pushing new features before others (waterproof phones), TV's that were HD first and now 4K, Blu-Ray first and a games console that is outperforming all expectations and all rival consoles... and yet they are now saying they are having to look at a revenue loss 5 times worse than hoped.
For any other company it would be easy to say they could turn it around and improve it by simply making better products, improving the quality or coming up with new ideas, but Sony are already ticking all those boxes and still failing.
If the quality is well rated, and if they are selling products in fairly large numbers, then how are they meant to turn the company around? They have over-stretched themselves in R&D and new concepts and their profit margins far too low on each unit sale. They have backed themselves into a corner where they are going to struggle to get back out off.
I know a lot of big business analysts are finding Sony a huge conundrum as to how they can turn it around and make a profit without selling off major assets like the entire Mobile division and concentrating on the gaming and entertainment divisions.
you guys have to understand that these people do not count loss from (production cost) - (income). But more of (expected profit) - (current profit). I wouldn't say that they are in trouble, but they are not as profitable as the expected.
It's tricky but effective to avoid spotlight from tax officers