Sony Ericsson just announced its Q1 financial results, and as expected, things aren’t looking too bright.

Sony Ericsson will have to perform another cost savings program, which will include a further reduction in employees of approximately 2,000 people.
They’re hoping it’ll be completed in mid 2010.
Also announced today was the next Entertainment Unlimited announcement date. This will be on May 28, and based on what Sony Ericsson wrote in the press release, it will not be about Idou, but a new product.
You can read the entire press release yourself over at Sony Ericsson’s press lounge.
Tags: financial-results, q1

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You mean May 28
You mean May 28
You mean 28th May not March.
I had a heart attack when you said the next announcement is March!
You mean 28th May not March.
I had a heart attack when you said the next announcement is March!
Yep sorry, fixed now.
Yep sorry, fixed now.
With such losses they’ll soon run out of cash… What the hell are they doing ?
With such losses they’ll soon run out of cash… What the hell are they doing ?
this is the beginning, it will be worse
((
this is the beginning, it will be worse
((
Thats not so bad, They have 2 really big parent companys though to pull them through this bad time. They have sony
plus Nokia isnt looking so fresh either – they’re making a loss as well.
Thats not so bad, They have 2 really big parent companys though to pull them through this bad time. They have sony
plus Nokia isnt looking so fresh either – they’re making a loss as well.