Sony’s Q1 FY13 results out, mobile sales increase by 36% YoY

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Looks like Sony is back in the game, especially in mobile! The Japanese company has just reported its first quarter FY 2013 results and has beaten expectations set by analysts. The increased performance is due to, you guessed right, its mobile division. While it posted huge operating losses last year, the division has gained 36% YoY, posting an operating income of 60 million USD. The company’s overall net profits stand at a small 35 million USD, which is not huge by any means, but posting profits after struggling for the past year should be encouraging for the consumer electronics giant.

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