Men in Black III (movie)

Sony's quarterly loss grows on mobile woes

Sony's quarterly loss grows on mobile woes

Losses at Sony Corp. grew to $1.25 billion in the second quarter as the Toyko-based electronics giant took a big write down on its mobile phone division. 

Meanwhile, its movie and television business declined in terms of revenue, but recorded a smaller quarterly loss than a year ago. 

Sales for Sony's motion picture segment were $1.67 billion for the quarter that ended Sept. 30, down 3% from the same quarter last year.

The company blamed the decline on lower revenue for theatrical movies, offset by improved sales from home entertainment titles and television.

Home video releases during the quarter included "The Amazing Spider-Man 2" and the...

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