Sony Corp. (NYSE:SNE) displayed healthy performance in 2016 as the stock was up approximately 14%. Moreover, the stock has continued to move upward heading into 2017. The company’s diversified business comprises electronics, entertainment, gaming, financial services and more.
Recently, Sony reported its third-quarter results. In the third quarter, the company’s Mobile Communications division reported an operating profit of $187 million, whereas its overall sales came in at $2.2 billion. Over the past year, the company sold 15 million smartphone units, which is the lowest number of devices sold since 2012. Continue Reading »