The company had previously said it would lose $1.4 billion in its fiscal year ended March 31, but it has now revised that number down to 126 billion yen.
You've not seen a weather forecast like this.
More layoffs announced for mobile division, seen by Sony leadership as a key to the company's turnaround efforts.
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 world's largest software maker was poised to make its biggest acquisition to date, but talks fell through, according to CNBC.
Emerging markets are still showing interest in new tablets, but that isn't enough to sustain IDC's prior forecast for this year.
Shame about the supply pinch, though. Without that, sales might actually soar as high as 50 million, says a Morgan Stanley analyst.
What will the smartphone pie look like for Google's Android and Apple's iOS in 2019? Pretty much the same as today, says research firm IDC.
Stronger demand for business PCs has delivered better-than-expected second-quarter sales for Intel.
The carrier expects to add a net 800,000 post-paid subscribers as customers flock to its Next smartphone payment plan.