Crave: The spring quarter was not a good one for Sony.
The consumer electronics giant on Tuesday reported that for the three months ended June 30, its net income was 35 billion yen (212 million euro), or just more than half of the 66.5 billion recorded in the same period a year earlier.
There was at least one bright spot amid the gloom. Sony said its game unit recorded positive operating income, compared with a loss in the year-ago period. That shift was largely the result of higher sales of PlayStation 3 software, lower costs for PS3 hardware, and strong sales of PlayStation Portable hardware.
Even as profitability and unit sales improved for Sony’s Bravia LCD televisions, Sony’s Electronics segment profits took a hit from sales of mainstay consumer products, including Cyber-shot cameras, Handycam video cameras, and Vaio PCs.
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