Feeds

Sony Ericsson still making money, to some surprise

€11m in profit during 2011, thanks to Google

Providing a secure and efficient Helpdesk

The explosion of Android handsets has kept Sony Ericsson in profit, to the surprise of the markets, which were expecting a significant loss for the first quarter of 2011.

With sales down by 23 per cent – to 8.1 million handsets – and gross revenue from those sales down to €1.1bn – from €1.4bn this time last year – one might be forgiven for thinking that Sony Ericsson was going to lose money. But 60 per cent of those handsets are now high-margin smartphones, and combined with enthusiastic cost-cutting this has handed the mobile giant a profit of €15m (€11m after taxes).

That's not as good as this time last year, and only slightly better than the tail end of 2010, both of which saw high revenues eaten up by restructuring costs and higher taxes, but it's still much better than most were expecting.

A Reuters poll of analysts was expecting losses of around €24m for the first three months of this year, but despite the Japanese earthquake disrupting its supply chain, Sony Ericsson has seen its Xperia handsets (including the PLAY and Neo) sell very well, showing that someone other than Google can make money from Android.

Sony Ericsson has also, finally, stopped restructuring, having apparently cut back enough for the moment, and is now settling into its role providing high-end Android handsets for a decent margin. ®

Providing a secure and efficient Helpdesk

More from The Register

next story
Brit telcos warn Scots that voting Yes could lead to HEFTY bills
BT and Co: Independence vote likely to mean 'increased costs'
Phones 4u slips into administration after EE cuts ties with Brit mobe retailer
More than 5,500 jobs could be axed if rescue mission fails
New 'Cosmos' browser surfs the net by TXT alone
No data plan? No WiFi? No worries ... except sluggish download speed
Radio hams can encrypt, in emergencies, says Ofcom
Consultation promises new spectrum and hints at relaxed licence conditions
Blockbuster book lays out the first 20 years of the Smartphone Wars
Symbian's David Wood bares all. Not for the faint hearted
'Serious flaws in the Vertigan report' says broadband boffin
Report 'fails reality test' , is 'simply wrong' and offers ''convenient' justification for FTTN says Rod Tucker
This flashlight app requires: Your contacts list, identity, access to your camera...
Who us, dodgy? Vast majority of mobile apps fail privacy test
Apple Watch will CONQUER smartwatch world – analysts
After Applelocalypse, other wristputers will get stuck in
prev story

Whitepapers

Secure remote control for conventional and virtual desktops
Balancing user privacy and privileged access, in accordance with compliance frameworks and legislation. Evaluating any potential remote control choice.
Saudi Petroleum chooses Tegile storage solution
A storage solution that addresses company growth and performance for business-critical applications of caseware archive and search along with other key operational systems.
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?
Security for virtualized datacentres
Legacy security solutions are inefficient due to the architectural differences between physical and virtual environments.
Providing a secure and efficient Helpdesk
A single remote control platform for user support is be key to providing an efficient helpdesk. Retain full control over the way in which screen and keystroke data is transmitted.