 |
Breaking
eBusiness and Search News |
|
 |
Sony Ericsson Sales Exceed Expectations
Sony Ericsson reported a higher than expected growth in fourth-quarter sales thanks to 3G handsets and camera phones.
Sony Ericsson reported a 28% increase in profit as the company shipped more new mobile phones to retailers.
"Sony Ericsson continues to be profitable and at a nice level, not all players can do that in this fiercly competitive industry," stated Jari Honko, analyst at eQ Bank.
"With the overall strong performance, we took the opportunity in Q4 to invest more in strengthening our brand," Jan Wareby, the company's executive vice president told Reuters.
This is the sixth quarter in a row that the company has reported a profit. Before that, they had steadily been losing money since 2001.
The company predicts that the market demand in 2005 will slow down.
Receive
Our Daily Email of Breaking eBusiness News
About the Author:
WebProNews | Breaking eBusiness News
Your source for investigative ebusiness reporting and breaking news.
 WebProNews RSS Feed
More Articles
Contact WebProNews |
|
|
 eBUSINESS
RESOURCES |
|
|
 |
|
| About
WebProNews |
WebProNews is the number
one source for eBusiness News. Over 5 million eBusiness professionals read
WebProNews and other iEntry business and tech publications.
WebProNews provides real-time coverage of internet
business.
Free Email Newsletters:
|
|
|
|
