Feeds

Sony Ericsson carries on making money

Getting to be habit-forming

  • alert
  • submit to reddit

Boost IT visibility and business value

This is getting to be a bit of a habit. Sony Ericsson has posted a quarterly profit, its fourth in a row. As the profit in question is for its fiscal Q2, it's a bit early yet for the mobile phone maker to uncork the champagne for a full financial year in the black. But indications are promising.

The Japanese-Swedish mobile handset maker produced net income of €89m for the three months to the end of June (Q2 03 -€88m) on revenues up almost a third to €1.5bn (£1.13bn). Pre-tax profits were €113m (€102m).

Average selling prices for the quarter were €145, down from €152 in Q1 and €167 in Q2. This is because the product mix has changed, rather than collapsing prices - S-E reports that it is selling more GSM phones these days. It is is flogging a hell of a lot more handsets, with shipments up 55 per cent year on year to 10.4m units. It also says the results reflect "continued strong demand for our style-oriented line-up of imaging and multimedia phones". In other words, it's flogging its fair share of expensive handsets too.

The company forecasts that the mobile phone industry will ship 600m units sales this year, revising its earlier estimate of 550m units. ®

Related stories

Sony Ericsson Vodafone-only phone to go Live! in July

Build a business case: developing custom apps

More from The Register

next story
Kate Bush: Don't make me HAVE CONTACT with your iPHONE
Can't face sea of wobbling fondle implements. What happened to lighters, eh?
Video of US journalist 'beheading' pulled from social media
Yanked footage featured British-accented attacker and US journo James Foley
Caught red-handed: UK cops, PCSOs, specials behaving badly… on social media
No Mr Fuzz, don't ask a crime victim to be your pal on Facebook
Ballmer leaves Microsoft board to spend more time with his b-balls
From Clippy to Clippers: Hi, I see you're running an NBA team now ...
Online tat bazaar eBay coughs to YET ANOTHER outage
Web-based flea market struck dumb by size and scale of fail
Amazon takes swipe at PayPal, Square with card reader for mobes
Etailer plans to undercut rivals with low transaction fee offer
Assange™: Hey world, I'M STILL HERE, ignore that Snowden guy
Press conference: ME ME ME ME ME ME ME (cont'd pg 94)
Call of Duty daddy considers launching own movie studio
Activision Blizzard might like quality control of a CoD film
US regulators OK sale of IBM's x86 server biz to Lenovo
Now all that remains is for gov't offices to ban the boxes
prev story

Whitepapers

Implementing global e-invoicing with guaranteed legal certainty
Explaining the role local tax compliance plays in successful supply chain management and e-business and how leading global brands are addressing this.
Top 10 endpoint backup mistakes
Avoid the ten endpoint backup mistakes to ensure that your critical corporate data is protected and end user productivity is improved.
Top 8 considerations to enable and simplify mobility
In this whitepaper learn how to successfully add mobile capabilities simply and cost effectively.
Rethinking backup and recovery in the modern data center
Combining intelligence, operational analytics, and automation to enable efficient, data-driven IT organizations using the HP ABR approach.
Reg Reader Research: SaaS based Email and Office Productivity Tools
Read this Reg reader report which provides advice and guidance for SMBs towards the use of SaaS based email and Office productivity tools.