Sony Corporation has reported its revenues for the second quarter of the financial year 2016 that ended September 30, 2016. Sales decreased by 7.1% to o 2,397.5 billion yen (US$ 20,668 million) compared to the same quarter last year. Operating income decreased 109.8 billion yen (US$ 796 million) mainly due to the 962 million U.S. dollars (112.1 billion yen) impairment charge of goodwill recorded in the Pictures segment. Continue reading “Sony mobile sales down 35.3% YoY in Q3 FY16, now expects to ship 15 million smartphones in FY16”