Japanese conglomerate announces profit of $780 million for first quarter

12:07 - 30 July 2015

Sony's Mobile business hasn't been doing too well in recent times

Sony's revenue for the quarter was $14.5 billion, this is down 0.1% on the same period last year.

Sony has announced its earnings for quarter one of 2015 and the company says it made a profit of $780 million with sales of its PlayStation 4 console and its camera sensors propping up those numbers.

Sony’s camera sensors are used in the majority of smartphones that are available on the market today and that went a long way to increase the company's profit margin.

The conglomerate made a loss of $94 million in its movie business with its mobile division posting the highest loss of $184 million, sales of its smartphones were down 16 percent on the same time last year.