April 23rd, 2008
By Michell
24 views

Q1 Financial Results

Sony Ericsson CEO Dick Komiyama today announced the company’s Q1 financial results in the live webcast earlier this morning (press release issued here).

I’m in a bit of a hurry here, so I’ll leave you with the highlights and the link, and hopefully I’ll get round at editing the post later tonight. In short, this quarter of the year wasn’t that good for Sony Ericsson, with a lower amount of sold phones than LG (22 million vs 24 million).

Q1 Highlights:

  • Year-on-year volume growth of 2%
  • Income before taxes at higher end of forecast
  • R&D investment continues to expand portfolio and addressable market
  • New sub-brand XPERIATM added to portfolio
Filed under: Corporative, Market, Market share
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One Response to “Q1 Financial Results”

  1. Tigershark42 says:

    Of course it isnt that successful. They havent given what alot of the market wants yet. If they dont deliver, we buy from someone else. Simple. Loads of people are willing to pay more for genuinely better features (of the useful variety, SE!). N95 is proof of that. Why do you keep us waiting? Why do you let yourself lose out like this?

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