Report: Sony Announces Plans to Address Reform of PC and TV Businesses

Sony has announced that it will be selling its PC business, that includes VAIO range of notebooks to Japan Industrial Partners Inc. The deal shall be completed by March 2014.

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The decision comes after a slowdown in the PC business, that has impacted more or less every player in the segment.
Sony would no longer be designing new PCs or laptops and would instead shift its focus to post PC devices (smartphones and tablets). That still means that we might see some Windows running hardware from the company. Manufacturing and sales will also be discontinued after the Spring 2014 lineup gets launched globally.
Meanwhile, Sony has also announced it Q3 earnings. The operating revenue for the company rose 23 percent year on year to $23.7 billion, while the operating income was at $885 million. Sony managed to sell 4.2 million PS4 units last quarter, much more than what Microsoft achieved with the Xbox One in the same period. The smartphone sales grew to 10.7 million units, up from 10 million a quarter ago. LCD TV, camera and camcorder business saw growth in sales as well, while the sales of PlayStation Vita more than doubled from last quarter to 2.0 million units.
Source: sony 


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