SonyEricsson Sales Up 56% Over Last Year
Put your fears to rest about the viability of SonyEricsson. After a shaky start to the partnership, and the rumored wavering of the Japanese contingent after some tough early financial results, SE is hitting its stride, and making a dent in the world cellphone markets. SonyEricsson seems to be making gains in the 3G device sector, and analysts at Ovum say they should focus on the smartphone sector going forward. The linked Wireless Week article makes a good roundup of the financial results: “Fourth-quarter profit was up 28 percent year-over-year at Sony Ericsson. The company shipped 12.6 million units during the quarter, up 56 percent compared to a year ago…net profit was up year-over-year to $71.8 million. Quarterly sales were up from $1.88 billion to $2.62 billion. The company recorded a 58 percent up-take in mobile phone unit sales, which reached 12.6 million during the quarter.”
