Sony financial report tops estimates thanks to smartphone sensors and earthquake recovery

The fortunes of Sony's camera division have taken a turn for the better with a rise in first quarter sales and operating income for the period to June 30th. The company states in its latest financial report that higher value still and video cameras have helped it to achieve 27.3% year-over-year growth; however, that figure is inflated in part because the business was suffering the crippling effects of the Kumamoto earthquake this time last year. Insurance payments from the earthquake have also a...