But CEO Meg Whitman tells investors the software maker is entering 2015 with the "strongest portfolio" in a decade.
The forecast from BMO Capital Markets analyst Keith Bachman is up by 10.6 million units from his prior estimate, but sales for the December quarter will depend in part on China.
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.
Speaking to reporters, the new Sony TV chief believes that his division can end the fiscal year in the black, despite 10 years of losses.
The company will sell additional shares and hold a bond offering to raise the required funds that it says will be used to help it transform "into a highly profitable enterprise."
BlackBerry's financial performance fell below Wall Street expectations despite turning a profit thanks to some one-time gains.
The FCC will seek comments on how to expand its $1.7 billion fund for subsidizing phone service for low-income families. The agency wants the fund to cover broadband service as well.
The company is redoubling its focus on the PlayStation crowd with the Xperia Z4v, exclusive with Verizon Wireless.
An app developer shows an image that suggests the iPad keyboard could scale to larger screen sizes. Is this a hint that the much-rumored iPad Pro is on its way?
Smartwatches and activity trackers were a hot item in the first quarter of the year, according to IDC. Now we'll have to see what effect the Apple Watch has.