Sony lowers full year Xperia units estimate by 11%

Discussion in 'Article Discussion' started by XB, Nov 1, 2016.

  1. XB

    XB Guest

    [​IMG]An unfortunate trend when it comes to Sony’s financial results, is that we often see a downward revision to the number of expected smartphone units to be shipped that year. In FY14, we saw three cuts to Xperia unit estimates, in FY15 we saw two cuts during the year and already in FY16 we have now seen two cuts.

    Sony had expected to sell 20 million units in fiscal year 2016, but then cut that estimate to 19 million units earlier in the year. Sony released its Q2 FY2016 results this morning and has now further cut the estimate by 11 percent to 17 million units. This results in a 7% downward revision on mobile revenues for the full year.




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