4 ms·
Famously Sony made more from insurance than electronics.
by zarzavat 5y ago
Famously Sony made more from insurance than electronics.
- robocat 5y agoThat was back in 2010 when although the financial services was a small percentage of revenue it made up a good percentage of profit - nice graph: http://www.fromedome.com/2011/11/sony-profits/ http://www.fromedome.com/2011/11/sony-profits/ Now the segment that makes the most is games: https://www.statista.com/statistics/297533/sony-sales-worldwide-by-business-segment/ https://www.statista.com/statistics/297533/sony-sales-worldw... which shows a beautiful graph showing just how variably some of their business segments generate profits/losses per year - notice how segments disappear from, or appear on, the graph. Edit: Disclaimer: I am not a financial expert, but your fact seemed a little odd to be true. Financial services at Sony do look reliably profitable (perhaps mostly recurring revenue and use reinsurance so predictable profits?)