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Sony Ericsson’s Revenue and Profit Drop in First Quarter

Sony Ericsson Mobile Communications sales and profit dropped in the first quarter of 2011. The company shipped 8.1 million phones during the quarter, a 23 percent decrease year-on-year. The release of the Xperia Arc and the game-centric Play smartphones late in the quarter meant it failed to make up ground with shipments of high-end phones. The average selling price per phone was 141, a 5 percent increase year on-year and an improvement on the fourth-quarter average of 136 per phone.”]

Source: https://www.csoonline.com/article/2128293/sony-ericsson-s-revenue-and-profit-drop-in-first-quarter.html

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