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Sony Smartphone Sales Fell in Latest Quarter

Sony sold 6.7 million smartphones in Q2 ended Sept. 30, a 32 percent decrease from the year-earlier quarter, the company said Thursday. The company left unchanged its July forecast that it will sell 27 million smartphones this fiscal year, which…

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would be a 31 percent decline from the 39.1 million units it shipped a year earlier. Sony attributed the "significant" decline in smartphone unit sales to "a strategic decision not to pursue scale in order to improve profitability."