As the power of its aggressive promotions wanes, Sprint looks to tighten its belt further and get more bang for its buck on network upgrades.
The largest e-retailer usually reports slim profit as it invests in its next new thing. This time was different.
The company lost 126 billion yen ($1.05 billion) in the fiscal year ended in March, but it expects to turn that around with a 140 billion yen profit next fiscal year.
Dragging down the rest of the company Sony's mobile unit posts a quarterly operating loss of $1.6 billion on $2.8 billion in revenue.
The carrier lost $2.38 billion in the quarter thanks to charges related to its wireline assets and its brand.
The company expects a pretax loss due to changes in pension and post-employment plans and abandonment of certain copper assets.
In 2014, the Swedish music-streaming service's revenue reportedly rose 45 percent to $1.1 billion, but attempts to build out products nearly doubled its operating loss.
A fake press release says the chipmaker is pulling out of its $6 billion investment because of the "destruction and loss of life resulting from Israel's recent assault on Gaza."
Sony plans to sell it Vaio PC operations to an investment fund, cut 5,000 jobs, and revises full-year forecast from a profit to a loss of $1.1 billion. It will also spin off its TV business.
The online retailer reports a 24 percent increase in sales from last year, coupled with a $41 million loss.