Sony had a particularly rough quarter, due in large part to its mobile business.
Sony overall generated $17.4 billion in revenue but posted a net loss of $1.2 billion during its fiscal second quarter, which ended September 30, Overall, revenue was up 7.2 percent compared with the same period last year, due in large part to the popularity of the company’s PlayStation 4, Sony announced Friday.
The big story from Sony’s earnings was its Mobile Communications business. During the period, the unit saw revenue rise 1.2 percent year over year to $2.8 billion, but slid to a $1.6 billion operating loss. That division effectively wiped out all of the success Sony saw elsewhere during the quarter.