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Sony Ericsson Says First Quarter Sales Down 50%, $500m Loss Expected Rate Topic: -----

#1 User is offline   Nick14 Icon

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Posted 20 March 2009 - 09:43 PM

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Things just aren't going well for Sony Ericsson at the moment: hot on the heels of rumors that Ericsson might be looking to split out, the partnership's cautioning investors that first quarter sales are down some 50 percent. That translates to a loss of between €340 and €390 million, which we're guessing will translate to somewhere around $500 million -- sadly even worse than last quarter, when the outfit lost $247 million. SE blames the poor showing on "weak consumer demand," but we'd say it has more to do with a lineup of phones that alway seem to be too little, too late


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#2 User is offline   Mizzle Icon

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Posted 20 March 2009 - 09:57 PM

Funny, isn't it?
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#3 User is offline   Ly Icon

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Posted 20 March 2009 - 11:57 PM

I don't really think funny is quite the right word :p
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#4 User is offline   devilwasabi Icon

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Posted 21 March 2009 - 03:43 AM

Better buy more SE to keep in my shelves o.o
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