The e-commerce company misses Wall Street expectations and reports a third-quarter loss of $437 million. More critically, it warns that its fourth-quarter revenue will also disappoint.
The world's largest chipmaker by sales continued to post stronger numbers in its PC and data-center businesses, but its mobile unit posted just $1 million in revenue and another huge loss.
The situation is so bad that Sony is suspending its dividend -- the first time it won't be making a payout since it listed in 1958.
The company had planned to ship 50 million smartphones this year, but that figure has been falling and will drop even more, according to Bloomberg.
The company generated a loss during the three months that ended in June -- a contrast to the small profit a year earlier.
Following a profitable first quarter, the strain of multiple product launches weighs on the e-commerce giant.
The news comes a day after India-based e-commerce rival Flipkart unveiled a new $1 billion funding round.
Financial analysts continue to focus on Amazon's long-term growth, despite back-to-back quarters of losses.
The Mac laptop and desktop business takes over as Apple's second-biggest revenue generator, as iPad sales struggle.
Carrier reports a fourth quarter loss of $20 million up from a loss of $8 million a year earlier as the company spends more to acquire new customers.