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Sony reports 47% drop in revenue


Sony announced today a 47% drop in revenue compared to this same time last year, one of their sharpest drops in some time.

Their entertainment division has been coming on strong thanks to relatively strong PSP, PS3 and Blu-ray sales, but their phone division hasn’t been doing quite so well and that’s where the Sony’s chief is pointing his finger.

When Sony’s XPERIA X1 smartphone launches around September of this year (hopefully) it could help lure some sales back, but for the moment Sony Ericsson sales are pretty flat.

[Via Electronista]


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