News by Luke Jones on Tuesday March 03, 2015.
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Sony has denied that the Xperia mobile division is up for sale today, but the company is looking at ways to expand profits. With the company's smartphones struggling to find consistently high sales, it seems that Sony is going to focus on other avenues. That's according to President of Sony Mobile, Hiroki Totoki, who said that the mobile division needs to beef up profits."The business can't be justified if the profit margin is low," he said before continuing by saying that he is likely to steer the company towards more profit from software than hardware. Does that means that Sony will stop making smartphones? Probably not, but the company has already confirmed it will lower its hardware output, and with only a 3% global market share it is understandable why. "Communication used to be mainly over voice but now people use photos and stickers. We won't tie ourselves only to smartphones or even hardware," Totoki said.
Luke Jones is the Managing Editor at MobileBurn.com and is the person you need to speak to about the content on the site. Luke studied creative writing at degree level before carving out a reputation as a freelance tech writer. He settled here at MobileBurn, where he reviews devices and contributes to the news, as well as overseeing the site's content and direction.