Originally posted by Winder 2018 - In the Imaging Business Segment Sony reported a +2% in sales and +12% in profit compared to 2017. Hardly a disaster.
Beholder3 reports:
"Sony now also reports -73% profits for the most recent quarter compared to last years'.
After ok previous quarters, the increased competition and holding back customers begins to show the manufacturers weaknesses.
In Q4/2017, Sony's imaging (IP&S) division showed operating income/profit of 6868 mill yen versus the 1844 mill yen in Q4/2018.
Sony Global - Earnings Announcement
From now on these figures will be hidden and not available any more since Sony did some mixing up of divisions and dedicated camera profits will not be visible any longer.
Read more at: https://www.pentaxforums.com/forums/137-photographic-industry-professionals/386531-mirrorless-dslr-dinosaur-collapse-contd-sony-q4-camera-profits-dropped-73-a.html#ixzz5mjFgdahh"
Nightmare stuff.