Sony Sells 8.7 Million Smartphones in Q4, Reports Eighth Straight Loss
Japanese technology firm suffered net loss of around $115 million.
Sony has announced its earnings for 2012's fourth quarter, with the Japanese consumer electronics firm reporting an eighth consecutive quarterly loss.
It suffered a net loss of 10.8 billion yen ($115 million) in the three months that ended in December. Sony’s mobile-products division, which produces its Xperia smartphones and tablets, posted an operating loss of 21.3 billion yen, a decrease from a 48.4 billion yen loss in 2011.
The company forecasts a full-year net profit of $213 million, which includes earnings stemming from the $1.1 billion sale of its New York headquarters.
Sony sold a total of 8.7 million smartphones during the quarter and kept its full-year smartphone sales target at 34 million units. It's expecting to sell 50 million Xperia smartphones during 2013.
Looking towards the future, Sony is set to release its Xperia Z smartphone globally sometime during the first quarter of 2013. The device has received widespread credit for a sleek design and its water resistant feature. For more on the device, visit our hands-on CES impressions. Sony is also working on the Xperia Tablet Z, with the 10.1-inch device being powered by a 1.5 GHz quad-core Snapdragon S4 Pro processor.
Elsewhere, a leak has suggested that Sony is working on a full HD 6.44-inch phablet, which is said to be the rumored C6603 Yuga handset.

Maybe that's the reason sales weren't that good
Whore.
I just bought an Olympus digital voice recorder. The Sony was nicer for the same price, but didn't include the cable to DL the data, and Office Depot didn't carry it. No sale. The Olympus uses the same standard USB connector as my remote controls, portable HD, cell phone, etc.
Add 'not including some devices to jelly bean update' to their mistakes.
They included Xperia go but left behind Sola, U, miro and tipo.
Xperia go, Sola and U have the same Chipset, CPU and GPU for chrissake!
I bet that's their karma for not listening to their customers!