Sony financial report shows strong camera sales but forecast is revised down due to “shortages in the supply of components”
Sony published the full Q2 financial report. In very short this is what you have to know:
- The company as a whole is doing great
- Cameras sales went up
- For the next quarter Sony expects less camera units to be sold because of the shortages in the supply of components.
Sony writes:
Electronics Products & Solutions (EP&S)
Sales are expected to be lower than the August forecast due to an expected decrease in unit sales mainly of digital cameras, primarily due to shortages in the supply of components, especially semiconductors. Operating income is expected to be higher than the August forecast due to the impact of an improvement in the product mix of digital cameras, an increase in unit sales of televisions and a decrease in operating expenses, partially offset by the impact of lower unit sales of digital cameras.
Imaging & Sensing Solutions (I&SS)
Sales are expected to remain unchanged from the August forecast due to higher-than-expected sales of image sensors for digital cameras and for industrial equipment, substantially offset by lower-than-expected sales in businesses other than image sensors. Operating income is expected to be higher than the August forecast primarily due to the impact of the above-mentioned expected increase in sales of image sensors for digital cameras and for industrial equipment.
