Sony Q3 FY2017 Report: Confirms Sony Image Sensor Business Slowdown

Sony released their 2017 Q3 results today and they verify what we reported a few days ago, the Sony image sensor business will experiance a due to iPhone. The annalist was spot on, but it wasn’t a difficult prediction to make with all of the reports about iPhone X sales slowing. The overall forecast for the imaging business remains unchanged though and Sony imaging is healthy. Here is one more quote from the financial report:

Semiconductors Sales are expected to be lower than the October forecast primarily due to an expected decrease in unit sales of image sensors for mobile products. Operating income is expected to be higher than the October forecast primarily due to higher-than-expected profits resulting from sales of assets and cost reductions, partially offset by the above-mentioned expected decrease in sales.

Let’s hope that Sony didn’t decide to change CEO’s on a high note just before some kind of tumble. They have been on a roll again with the Sony a9 and Sony a7RIII, which will get even better with the Sony a7SIII and a7III. Let’s hope Sony continues to take a bite out of Canon and Nikon this year.

via Sony

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