Friday, October 15, 2010

Sony Ericsson Flatlines

Sony Ericsson said it shipped 10.4 million handsets in the third quarter, a decrease of 26% year-on-year, but its average selling price rose 34% year-on-year to 154 euros. As a result, sales for the quarter were 1.6 billion euros, which Sony Ericsson described as "essentially flat year-on-year and a 9% decrease sequentially."

Sony Ericsson added that its market share, in unit terms, in the third quarter remained flat sequentially at approximately 4%, but it estimated its market share in revenue terms to be approximately 6%. source: Sony-Ericsson statement

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