Sony Ericsson loses market share in fall without new phones
Sony Ericsson loses market share in fall without new phones
Sony Ericsson said that it will have lost market share in the fall due to a poor lineup. Although it shipped 11.2 million phones in the last months of 2010, more than the 10.4 million from the summer, it determined that its share will have dropped to just three percent as the market grew faster. The number of phones was a 23 percent drop from just a year earlier, although this was before Sony …
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Sony Ericsson Posts Q4 Profit, Despite Lower Revenues - Update
Sony Ericsson Mobile Communications AB, a joint venture between Sony Corp. (SNE, SON.L) and LM Ericsson Telephone Co. (ERIC), Thursday reported a profit for the fourth quarter, as lower costs and a shift of focus to Android-based smartphone portfolio offset a drop in sales. Net income in the quarter totaled EUR 8 million or .7 million, compared to a net loss of EUR 167 million last year, and …
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Sony Ericsson back in black in 2010, 4th quarter disappoints
Sony Ericsson, which in 2010 shipped 43.1 million phones, said it “forecasts modest growth in units in the global handset market for 2011.”
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