April 17th, 2009
By Michell

430 views

Sony Ericsson announces Q1 results, mentions next Entertainment Unlimited announcement date

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.

Filed under: Corporative, News
Tags: financial results, Q1

(6 votes, average: 3.17 out of 5)

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6 Responses to “Sony Ericsson announces Q1 results, mentions next Entertainment Unlimited announcement date”

1. sambouka says:

   April 17, 2009 at 8:36 am

   You mean May 28
2. Ricky D says:

   April 17, 2009 at 9:38 am

   You mean 28th May not March.

   I had a heart attack when you said the next announcement is March!
3. Michell says:

   April 17, 2009 at 9:42 am

   Yep sorry, fixed now.
4. Ed says:

   April 17, 2009 at 4:10 pm

   With such losses they’ll soon run out of cash… What the hell are they doing ?
5. Shanson27 says:

   April 18, 2009 at 12:51 pm

   this is the beginning, it will be worse  :-(((
6. beakybal4 says:

   April 26, 2009 at 8:29 am

   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.