Sony report reveals mobile business is in decline, persisting PS5 supply issues

Sony posted its financial report for the final three-month period of 2021, which is Q3 2021 in the accounting books of the Japanese conglomerate. The numbers reveal an increase of 13% in sales and 32% in operating income, with the jump driven primarily by the Motion Pictures division and its Spiderman: No Man Home, Venom: Let There Be Carnage and Seinfeld licensing deals. The company revealed it sold only 3.9 million PlayStation 5 consoles, which is lower than the holiday season of 2020, and is also below the projected numbers. The Mobile Communications segment also failed to impress...