
The Global economic slowdown led to contracting consumer demand for new mobiles in Q4 2008. Sony Ericsson's sales for the quarter were EUR 2.914 billion, an increase of 4% sequentially due to a positive impact of currency fluctuations, and a decrease of 23% compared to Q4 2007. Units shipped in the quarter were 24.2 million, a sequential decrease of 6% and a year-on-year decrease of 21%. The decline in sales year-on-year was driven by lower volumes,...