Sony reports 1.2bn dollars net loss in Q2 as mobile business takes a hit

SonyWashington, Nov 01 : Sony's mobile unit reported a net loss of 1.2 billion dollars during its fiscal second quarter as its mobile business took a hit.

According to CNET, Sony overall generated 17.4 billion dollars in revenue during its fiscal second quarter, which ended September 30.

The total revenue saw an increase of up to 7.2 percent as compared with the same period last year, which is attributed to the popularity of the company's PlayStation 4.

However, the company's mobile unit reported a quarterly operating loss of 1.6 billion dollars on 2.8 billion dollars in revenue.

During the period, the unit saw revenue rise 1.2 percent year over year to 2.8 billion dollars, but eventually saw a 1.6 billion dollars operating loss, the report added. (ANI)