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PlayStation 4

Sony's profit falls on yen, lagging cellphones, Japan quake

Sony Corp.'s fiscal first-quarter profit dipped 74 percent to 21.2 billion yen ($205 million), as earnings were hammered by a strong yen and lagging smartphone sales, and a quake in southwestern Japan that disrupted its camera parts and semiconductor production.

The Japanese electronics and entertainment giant reported Friday that April-June sales slipped nearly 11 percent year-on-year to 1.6 trillion yen ($15.7 billion).

Quarterly profit last year totaled 82.4 billion yen.

Tokyo-based Sony, the maker of Bravia TVs and Walkman portable players, said game software sales for the PlayStation 4 video game console performed well.

Results were hurt by the...

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