Sony has published results for the first quarter of its financial year, with sales up 1.4% year-on-year to 1,515.2 billion yen (around £12,448 million). However, part of this increase was due to its creation of Sony Mobile from the Sony Ericsson venture. Operating profit fell by 77% to 6.28 billion yen
Sony’s Mobile Products & Communications division saw sales up 132.9% year-on-year to 285.6 billion yen. If Sony Mobile had existed in the same form last year, this figure would have increased by around 14%. The company says the increase was mainly due to its move towards selling smartphones and the higher average selling prices of these phones.