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Sony Ericsson profits

Filed Under: Sony Ericsson  

Sony Ericsson

Although Sony Ericsson has released details of the results obtained in the third quarter of fiscal 2011, indicating that it has closed with profits in line with expectations. No comments have been released but rumors circulated around the Net a few days ago, they saw a possible acquisition by Sony Sony Ericsson, said it intends to control the entire brand.

Q3 2011 sales of Sony Ericsson are the slight decline, amounting to 1.59 billion compared to 1.6 billion achieved in the same quarter of 2010. Smartphones have been placed on the market 9.5 million and net income, before taxes, totaled 31 million euros, an improvement compared to a loss of 42 million a year earlier.

Sony Ericsson will therefore have to beat on the ground of smartphones, today in the enormous expansion in order to enhance its position in the field of mobile telephony. For this reason, the company announced that it will continue to invest in the smartphone market during 2012 and will move its entire production in this segment. The intention is to improve the portfolio of smartphones in the future and be able to compete with the fierce competition.

But no confirmation of the fact that Sony is willing to buy 50% of the joint venture held by Ericsson, so to learn more about the time we have to wait.

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