| MoHasanie said: Yikes. Bad news for Sony. |
At least their gaming and entertainment divisions are doing well... Sony should have never made that high of a forecast in the first place.
It was a mistake for Sony to attempt to make a crack in the low to mid-range smartphone market, as it has already been taken by Chinese companies like Huawei. It was also not a good idea to update their Xperia devices twice a year, though reports say that they're not doing that anymore after the Z4. Sony's smartphones are good. In fact, the Z3 is miles better than the iPhone 6 (and the plus), but the average consumer won't know that.
Sony isn't the only company that's struggling in the smartphone market. HTC's sales have been dropping (which sucks because the M8 is really good) and Samsung's profit forecast has been cut by 60%.
