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Friday, January 22, 2010

Sony Ericsson's fourth quarter and full year report

Sony Ericsson has now released their fourth quarter and full year report. It still looks bad for Sony Ericsson but they are looking better compared to the previous quarter. Number of units shipped is at 14.6 million compared to 14.1 million last quarter, a half million increase. Operating income is at -181 compared to -193, net income is at -167 compared to -164. Average selling price is at 120 compared to 114, which means more high end phones are being sold. It hasn't been a stellar year for Sony Ericsson but it does look like they're about to come out of the hole. The X10 should be their saving grace IF everything turns out right.

Read the whole press release here Sony Ericsson

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