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TMCNet: Sony Ericsson reports Q2 operating loss of EUR2m

[July 18, 2008]

Sony Ericsson reports Q2 operating loss of EUR2m

(Nordic Business Report Via Acquire Media NewsEdge)
Swedish-Japanese mobile phone maker Sony Ericsson reported on Friday
(18 July) an operating loss of EUR2m for the second quarter 2008, down
from the profit of EUR315m a year ago.

Sales in the three-month period decreased to EUR2,820m from EUR3,112m a
year ago.

Number of shipped mobile units decreased to 24.4m, as compared to 24.9m
in the second quarter 2007.

Sony Ericsson, headquartered in London, is a 50/50 joint venture of
Sony Corporation (NYSE: SNE) and Telefonaktiebolaget LM Ericsson

(NASDAQ: ERIC) (OMX Stockholm: ERIC A) (OMX Stockholm: ERIC B). The
company reported sales of EUR12.92bn in 2007.

One British pound (GBP) is worth approximately 1.27 euros (EUR).

((Comments on this story may be sent to
nbr.feedback@nordicbusinessreport.com))

Copyright ? 2008 M2 Communications Ltd.

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