Friday, October 14, 2011

Sony Ericsson sales, net income slide in Q3; smartphones primary focus in 2012

Sony Ericsson sales, net income slide in Q3; smartphones primary focus in 2012

Sony Ericsson reported its third-quarter results on Friday and while several figures suggest the company is on the upswing quarter-over-quarter, its net income and shipments were still down compared to the same quarter in 2010. The company shipped 9.5 million devices during the quarter, up 33% from the 7.6 million it shipped last quarter but down from the 10.4 million it shipped during the third quarter last year. It attributed the decline to fewer feature phone shipments as the company continues to pivot its focus to smartphones.

Boy Genius Report, Sony Ericsson sales, net income slide in Q3; smartphones primary focus in 2012

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