Sony Corporation today reported net profit of 27 billion yen ($266 million) profit for its third quarter that ended December 31st 2013. It has come back from a loss of 19.3 billion yen ($196.65 million) in its previous quarter. Smartphones sales increased by 44.8% in the quarter compared to Q3 FY12, which helped to improve the sales. Sony manged to ship 10.7 million Xperia smartphones in the quarter, even though it is not in the top 5 list of smartphone vendors by shipments as reported by IDC recently. This is more than 0.7 million units more compared to previous last quarter. Continue reading “Sony reports net profit of $266 million in Q3 FY13, mobile sales up 44.8% YoY”