Sony’s latest round of handsets has given the company some hope amid declining profits and forecasted losses. Reporting on the company’s earnings for the fiscal year ending March 31st, Sony revealed smartphone sales of 39.1 million. The figure represents strong year-over-year growth in the 20 percent range, up from 33 million for the fiscal year 2012.
The growth of Sony’s mobile business has no doubt been spurred along by a recent run of stylish and powerful Android smartphones like the Xperia Z1, but the number of units sold still pales in comparison to the competition. Consider that Samsung is boasting sales of 10 million Galaxy S5 handsets in only 25 days. That is one-quarter of Sony’s total sales for a year in one-twelfth the amount of time.
Sony recently launched their Xperia Z2 and is expecting more growth for their mobile division in the coming year, forecasting an additional 10 million sales for the fiscal year 2014 — a total of 50 million. Despite this and the success of the recently launched PS4, the company-wide outlook isn’t as chipper. Sony expects a net loss of some 50 billion yen over the next year, suggesting the company hasn’t turned the corner quite yet.