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Q1 Financial Results
Mizzle
post 2008-04-23 12:37
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Sony Ericsson CEO Dick Komiyama today announced the company's Q1 financial results in the live webcast earlier this morning (press release issued here).

I'm in a bit of a hurry here, so I'll leave you with the highlights and the link, and hopefully I'll get round at editing the post later tonight. In short, this quarter of the year wasn't that good for Sony Ericsson, with a lower amount of sold phones than LG (22 million vs 24 million).

Q1 Highlights:

  • Year-on-year volume growth of 2%

  • Income before taxes at higher end of forecast

  • R&D investment continues to expand portfolio and addressable market

  • New sub-brand XPERIATM added to portfolio



From the Unofficial Sony Ericsson Blog:
http://blog.se-nse.net/2008/04/23/q1-financial-results/.


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