Sony Ericsson Expects $500 Million Loss After First Quarter Sales

Author: Chris

20 Mar

While Palm is relying on its future Pre to take it out of its misery, Sony Ericsson doesn’t have any hot phone coming soon. And the company isn’t doing that well either in terms of money making out of its cellphone business. First quarter of the year sales for Sony Ericsson have dropped 50%. That means a loss of around $500 million which is about double the loss of the quarter before. Let’s face it here, Sony Ericsson don’t have phones appealing to the average people going through this recession. What will happen when Ericsson will leave the partnership?

via Sony Ericsson

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Tags: Mobile News, sales, Sony Ericsson, Sony Ericsson

Filed under: Mobile News, Sony Ericsson

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5 Responses for "Sony Ericsson Expects $500 Million Loss After First Quarter Sales"

Sony Ericsson Expects $500 Million Loss After First Quarter Sales … | Betterseller.de March 20th, 2009 at 11:32 pm 1
[...] While Palm is relying on its future Pre to take it out of its misery, Sony Ericsson doesn’t have any hot phone coming soon. Read the rest here: Sony Ericsson Expects $500 Million Loss After First Quarter Sales … [...]
Sony Ericsson Has to Raise 100 Million Euros to Survive | men - women - spot May 21st, 2009 at 2:18 am 2
[...] Sony Ericsson Expects $500 Million Loss After First Quarter Sales While Palm is relying on its future Pre to take it out of its misery, Sony Ericsson doesn’t have a… [...]
RIM and Apple Get 35% of Profits despite only Holding 3% of the Cell Phone Market - Specs, reviews and prices. July 20th, 2009 at 6:31 pm 3
[...] we’ve seen Nokia’s and Sony Ericsson’s Q2 reports, it’s clear that the mobile business wasn’t spared by the financial crisis. And [...]
iRuston Tech Blog » Blog Archive » RIM and Apple Get 35% of Profits despite only Holding 3% of the Cell Phone Market July 23rd, 2009 at 1:13 am 4
[...] we’ve seen Nokia’s and Sony Ericsson’s Q2 reports, it’s clear that the mobile business wasn’t spared by the financial crisis. And [...]
AT&T Second Quarter Results Are In - Specs, reviews and prices. July 23rd, 2009 at 12:31 pm 5
[...] results. Some stayed atop of the market despite an impressive YoY loss, some barely managed to stay afloat, and some got huge profits despite actually owning a small market [...]