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Sony Ericsson stays in the red with fewer handsets sold

Source: NewKerala
Morrisville : NC : USA | about 1 month ago  
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  • Third quarter sales fell 42 percent to 1.62 billion euros
    Third quarter sales fell 42 percent to 1.62 billion euros
    Source: AFP
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Third quarter sales fell 42 percent to 1.62 billion euros
The net loss was 164 million euros compared to a net loss of 25 million euros in the third quarter of 2008. Turnover declined 42 per cent year-on-year to 1.62 billion euros. The Sony Ericsson joint venture was formed in 2001 between Sweden's Ericsson and Japan's Sony.
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