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Sony Ericsson Q3 profits rise along with ambitions to be the Android leader

By on October 15, 2010 at 8:18am in Mobile News, Sony Ericsson


Sony Ericsson has reported their Q3 results and have proudly stated a “turnaround continues with third consecutive quarter of profits”. As for the numbers: they made a profit of €49 million (US$70 million) but unfortunately the number of devices shipped in Q3 was down 26% (10.4 million) for the year and o down by 5% from last quarter. As for market share, Sony Ericsson says “is estimated to be approximately 6%”

Bert Nordberg, President & CEO of Sony Ericsson said that “our third consecutive quarter of profitable results illustrates that Sony Ericsson’s overall performance is stabilising. Our strategy to focus on the smartphone segment is succeeding and smartphones now comprise more than 50% of our total sales… it is our ambition to become the global number one handset provider on the Android platform.”

Source: Sony Ericsson

Related posts:

  1. Sony Ericsson reports Q2 2010 results: Sales up 25% and “we are now well positioned for long term growth”
  2. Sony Ericsson reports that their first-quarter net profits fell 48% to $213 million (USD). The reason is due to a slowing market growth in mid-to-high end phones.
  3. Sony Ericsson reports Q3 results: 14.1 million units shipped, loss of $305 million
  4. Sony Ericsson says “shift to touch screen phones” caused 2009 results to slide

Discussion

6 comments for “Sony Ericsson Q3 profits rise along with ambitions to be the Android leader”

  1. Are you kidding me, do they even offer a Android phone that runs anything above 1.6, last I read that the X10 was not going to be updated at all!

    Like or Dislike: Thumb up 3 Thumb down 3

    Posted by firefight16 | October 15, 2010, 8:50 am
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    • yeah but consumers don’t do that.

      Google needs to control these manufacturers a bit more; they are giving android a bad name.

      My father was bashing android the other day, because his only experience was 1.5/1.6 on an archos internet tablet. People just don’t understand what they are missing out on.

      Like or Dislike: Thumb up 0 Thumb down 0

      Posted by KC | October 15, 2010, 9:32 am

    • You read wrong, they are updating the X10 to 2.1 sometime this year. They have to since they will be selling a mobile Bluetooth device that can be worn like a watch and will require Android 2+.

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      Posted by Nick M | October 19, 2010, 11:32 am

  2. what mobilesyrup fails to mention is how bad these results were – missed expectations.

    such a non value added news item

    Like or Dislike: Thumb up 1 Thumb down 0

    Posted by jarr | October 15, 2010, 8:56 am
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  3. Remember when Ericsson used to be one of the world’s top mobile phone makers? Those were the days…

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    Posted by Ryan Waddell | October 15, 2010, 11:53 am
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  4. Why cant they just put out the bare os who the funk cares about timespace or what ever the hell they call it. They are really pissing me off.

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    Posted by Zeake | October 15, 2010, 12:51 pm
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