Feeds

Sony Ericsson slumps on gloomy outlook

No love for swanky handsets

Secure remote control for conventional and virtual desktops

Sony Ericsson issued its second profit warning of 2008 today, advising that it will only break even in Q2 2008.

The company blamed soft demand for mid to high-end phones, as recession concerns in Europe have led customers to opt for cheaper models, and delays in getting new phones to market.

In April analysts said the company's music phones, appropriating Sony's Walkman brand, remained attractive, but that the company was over-exposed in fashion phones. Longer operator contracts have also led to fewer replacement opportunities.

A year ago Sony Ericsson announced profits of €220m. But it's the second poor quarter in a row for the joint venture, which has been one of the successes over the past two years. In March, the company slipped to fifth place - behind LG - in market share, as profits fell by 48 per cent. ®

Providing a secure and efficient Helpdesk

Whitepapers

Choosing cloud Backup services
Demystify how you can address your data protection needs in your small- to medium-sized business and select the best online backup service to meet your needs.
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.
Security for virtualized datacentres
Legacy security solutions are inefficient due to the architectural differences between physical and virtual environments.
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.
Storage capacity and performance optimization at Mizuno USA
Mizuno USA turn to Tegile storage technology to solve both their SAN and backup issues.