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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.

Friday, October 16, 2009

Sales Slump at Sony Ericsson

Losing market share, Sony Ericsson said its sales fell 42% year-on-year to 1.62 billion euros in the third quarter as its handset shipments fell 45% year-on-year to 14.1 million.

Sony Ericsson forecast that the global handset market will contract 10% in 2009 from about 1.19 billion units in 2008. The company estimated that its market share in the third quarter was 5%. source: Sony Ericsson statement

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