Sony Ericsson is still doing poorly. It has announced their results for the third quarter. Sony Ericsson’s profit dropped a good 10% compared to last year’s third quarter. As for market share, they had just a tiny 8% share.

We’ve heard bad financial news about Sony Ericsson before and the company isn’t done with its problems yet. The company expects to reduce costs and operating expenses in order to recover by the second half of 2009.