Friday, October 14, 2011

Sony Ericsson Q3 results: 0 profit, smartphone-only portfolio in 2012

Sony Ericsson Q3 results: 0 profit, smartphone-only portfolio in 2012

Sony Ericsson is still walking the line of profitability and has crossed it a few times in the last few quarters. The third quarter of 2011 saw a decrease in most of the major stats year-over-year (YoY), but the company did perform better than it did in Q2. The most interesting figure of the press release is the net income - 0. Income before taxes was €31 million but none of that made it to the company's coffers. Still, the company seems to be recovering from the Japan earthquake which affected its Q2 results quite strongly.

The number of shipped units was down YoY - 9.5 million vs.

GSM Arena, Sony Ericsson Q3 results: 0 profit, smartphone-only portfolio in 2012

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