June 29, 2008

Sony Ericsson’s sales and profit are down

Whenever Sony Ericsson releases a press release about the market sales and profits in advance of the actual press release with the final quarter results, we know something’s not going that great. And well, Sony Ericsson just released one of those press releases.

It basically states there’ll be market challenges, and that these have impacted Sony Ericsson’s sales and profit in second quarter 2008. Sony Ericsson’s estimated amount of shipped phones in Q2 is at approximately 24 million units, and the average selling price is expected to be at 115 euros. The net income before taxes is estimated to be about break-even. Sad news, indeed.

Sony Ericsson claims that its sales have been negatively affected by the moderating demand of mid/high-end phones, as well as delays of new products shipped during this quarter.Well it means more low end phones for us!

2 comments:

Anonymous said...

I hope SE sinks without a trace! Those sea going impasiles sold me a business phone (P1i) that cannot open pdf files no matter what. The build in pdfplus is a mockery (cannot properly open a file for its life) and no third part pdf viewer for UIQ available either. SE can kiss my Royal Irish goodbye!

Unknown said...

Am sorry to hear about your bad experience with SE devices. But Sony Ericsson is here to stay. there was an alternative called Foxit Pdf reader. You should have tried that.

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