But CEO Meg Whitman tells investors the software maker is entering 2015 with the "strongest portfolio" in a decade.
Don't count the struggling smartphone maker out yet. BlackBerry CEO John Chen's housecleaning is starting to yield benefits. The next step: stabilizing its collapsing revenue.
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.
Revenue likely bottomed out in its fiscal fourth quarter but the company could stage a revival based on more robust smartphone sales, according to a JP Morgan analyst.
Analyst Michael Walkley's forecast is up from a prior estimate of 171 million. He cited two reasons for his rosier outlook.
The company's online stores were down for about 12 hours Wednesday because of an internal server error.
The company is expected to share more details about its smartwatch, and may also unveil new Macs, an Apple TV or other products. Catch CNET's live coverage starting at 9 a.m. PT.
By contrast, Microsoft's most recent public count in November noted Xbox One sales at around 10 million, though that figure is likely much higher after a strong holiday-shopping season.