29-07-2016 10:39 via cio.com

Sony does well in games but smartphone business shrinks

An increase in games revenue helped Sony counter to an extent shrinking business in smartphones and the impact of earthquakes in Japan's Kumamoto region on production of the camera sensors that the company supplies to Apple and other smartphone vendors.Sony reported Friday that its revenue was down 10.8 percent to 1.61 trillion yen (US$15.73 billion) in its first quarter ended June 30, while its profit decreased by 74.3 percent year-on-year to 21.2 billion yen.The revenue of its game and network
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