Feeds

Walkman brand drives Sony Ericsson to record quarter

Camera phones helped, too

Remote control for virtualized desktops

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

Beginner's guide to SSL certificates

More from The Register

next story
Mighty Blighty broadbanders beg: Let us lay cable in BT's, er, ducts
Complain to Ofcom that telco has 'effective monopoly'
Download alert: Nearly ALL top 100 Android, iOS paid apps hacked
Attack of the Clones? Yeah, but much, much scarier – report
Broadband sellers in the UK are UP TO no good, says Which?
Speedy network claims only apply to 10% of customers
Yahoo! blames! MONSTER! email! OUTAGE! on! CUT! CABLE! bungle!
Weekend woe for BT as telco struggles to restore service
Fujitsu CTO: We'll be 3D-printing tech execs in 15 years
Fleshy techie disses network neutrality, helmet-less motorcyclists
Facebook, working on Facebook at Work, works on Facebook. At Work
You don't want your cat or drunk pics at the office
Soz, web devs: Google snatches its Wallet off the table
Killing off web service in 3 months... but app-happy bonkers are fine
prev story

Whitepapers

Why and how to choose the right cloud vendor
The benefits of cloud-based storage in your processes. Eliminate onsite, disk-based backup and archiving in favor of cloud-based data protection.
Forging a new future with identity relationship management
Learn about ForgeRock's next generation IRM platform and how it is designed to empower CEOS's and enterprises to engage with consumers.
10 ways wire data helps conquer IT complexity
IT teams can automatically detect problems across the IT environment, spot data theft, select unique pieces of transaction payloads to send to a data source, and more.
5 critical considerations for enterprise cloud backup
Key considerations when evaluating cloud backup solutions to ensure adequate protection security and availability of enterprise data.
High Performance for All
While HPC is not new, it has traditionally been seen as a specialist area – is it now geared up to meet more mainstream requirements?