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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, July 15, 2011

Sony-Ericsson Rocked by Earthquake

Sony-Ericsson said that its sales fell 32% year-on-year to 1.19 billion euros in the second quarter of 2011, as handset shipments fell to 7.6 million units from 11 million in the same period of 2010.

Bert Nordberg, CEO of Sony Ericsson said, “Sony Ericsson’s second quarter profitability was affected by the March 11 earthquake in Japan. We estimate that the impact of earthquake-related supply chain constraints on our portfolio was close to 1.5 million units, with most of the effect in the early part of the quarter. Our shift to Android-based smartphones continues with smartphone sales accounting for more than 70% of our total sales during the quarter. We have shipped more than 16 million Xperia smartphones to date."

Sony Ericsson estimated that its share of the global Android smartphone market during the quarter was approximately 11% by volume and 11% by value. source: Sony-Ericsson statement

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