With new CEO, Kenichiro Yoshida, a new business plan for Sony has also come. Everybody in Sony declining but Sony might stop manufacturing consumer gadgets including phones, Playstation and cameras.
According to new CEO, Sony will focus more on services and other core areas of profitability. He didn’t mention any consumer gadget and we hope that Sony will continue making phones and other gadgets but there are some reasons which justify if company move away from gadgets.
Company’s mobile business is rapidly shrinking as only 10 million phones sold in 2018. PS4 is still great business but its sales reduced by 18% in recent quarter and on the other hand Sony earns billions from making just camera sensors for cameras and cameraphone industry.
Sony’s new Xperia XZ2 and XZ2 Compact has proved company’s potential and we hope Sony will stay in game.