Wednesday, July 11, 2007

Sony Ericsson Ships 24.9 million Mobile Devices in Q2, up 59%

Sony Ericsson Mobile Communications shipped 24.9 million mobile units in the quarter ended 30-June-2007, a 59% increase compared to the same period last year, generating both year-on-year and sequential market share gains.



Sales for the quarter were EUR 3.11 billion, representing a year-on-year increase of 37%. Income before taxes for the quarter was EUR 327 million, representing a year-on-year increase of 55%. Net income for the quarter was EUR 220 million. In line with Sony Ericsson expectations, the increase in Q2 in low and mid-tier priced phones in the product portfolio resulted in a decline in ASP to EUR 125.

http://www.ericsson.com/