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What you need to know: This weblog captures key data points about the global telecoms industry. I use it as an electronic notebook to support my work for Pringle Media.

Thursday, July 16, 2009

Sony Ericsson Sinks 40%

With unit shipments down 43%, handset maker Sony Ericsson said that its revenues fell 40% year-on-year to 1.68 billion euros in the second quarter.

The company maintained its forecast that the global handset market in 2009 will contract by at least 10% from around 1.19 billion units in 2008. Sony Ericsson estimates that its market share was over 5% in the second quarter. source: Sony Ericsson statement
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