Feeds

Walkman brand drives Sony Ericsson to record quarter

Camera phones helped, too

Top three mobile application threats

Sony Ericsson's Walkman-branded handsets and its focus on high-end camera phones pushed the company into a record quarter during the final three months of its 2005 fiscal year, the phone-maker said today.

For the three months to 31 December 2005, Sony Ericsson reported pre-tax profits of €206m ($249m) - up 36.4 per cent on Q3 FY2005's figure and 47.1 per cent higher than in the same period for 2004 - on sales up 15.2 per cent year-on-year to €2.31bn ($2.8bn).

Net income for the period was €144m ($174m), up 38.5 per cent sequentially and 161.8 per cent year-on-year.

For the full fiscal year, Sony Ericsson saw sales of €7.27bn ($8.80bn), up 11.4 per cent on FY2004's total, €6.53bn ($7.90bn). Net income for the year came to €356m ($431m), up 12.7 per cent on the previous year's €316m ($382m).

The company shipped 16.1m handsets during the quarter - three million of them Walkman-branded phones - up from 13.8m in the previous quarter and 12.6m in Q4 FY2004.

Sony Ericsson said its operating profit margin was approximately nine per cent during the quarter. The average selling price of its handsets was €143.5 ($174), down from €149 ($180) in the previous quarter.

However, rising shipments - the company said it expects world phone sales to rise 10 per cent in 2006 to 858m units - will allow it to maintain its profit margins, company president, Miles Flint, said today.

He told reporters the company will focus on camera phones and further Walkman models, including more 3G models. ®

Recent reviews

Sony Ericsson W900
Sony Ericsson W550i

Combat fraud and increase customer satisfaction

More from The Register

next story
Virgin Media so, so SORRY for turning spam fire-hose on its punters
Hundreds of emails flood inboxes thanks to gaffe
A black box for your SUITCASE: Now your lost luggage can phone home – quite literally
Breakfast in London, lunch in NYC, and your clothes in Peru
AT&T threatens to pull out of FCC wireless auctions over purchase limits
Company wants ability to buy more spectrum space in auction
Turnbull leaves Australia's broadband blackspots in the dark
New Statement of Expectations to NBN Co offers get-out clauses for blackspot builds
Facebook claims 100 MEEELLION active users in India
Who needs China when you've got the next billion in your sights?
Facebook splats in-app chat, whacks brats into crack yakety-yak app
Jibber-jabbering addicts turfed out just as Zuck warned
Google looks to LTE and Wi-Fi to help it lube YouTube tubes
Bandwidth hogger needs tube embiggenment if it's to succeed
prev story

Whitepapers

Securing web applications made simple and scalable
In this whitepaper learn how automated security testing can provide a simple and scalable way to protect your web applications.
3 Big data security analytics techniques
Applying these Big Data security analytics techniques can help you make your business safer by detecting attacks early, before significant damage is done.
The benefits of software based PBX
Why you should break free from your proprietary PBX and how to leverage your existing server hardware.
Top three mobile application threats
Learn about three of the top mobile application security threats facing businesses today and recommendations on how to mitigate the risk.
Combat fraud and increase customer satisfaction
Based on their experience using HP ArcSight Enterprise Security Manager for IT security operations, Finansbank moved to HP ArcSight ESM for fraud management.