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.
More layoffs announced for mobile division, seen by Sony leadership as a key to the company's turnaround efforts.
The leading maker of mobile chips works to quell concerns about its business prospects and new high-end chip after it disclosed this week that a large customer dropped the chip from a major phone.
Light at the end of the financial tunnel? Sony sees a brighter future riding its PlayStation, along with movies, music and components such as image sensors.
The company expects a pretax loss due to changes in pension and post-employment plans and abandonment of certain copper assets.
First quarter for new CEO Marcelo Claure was a rocky one, with growth largely driven by the carrier's wholesale business, but there were signs of progress.
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.