Mobile Monday - Breaking News: Sony Ericsson ships 13,3 million phones in Q1
Mobile Monday - Breaking News: Sony Ericsson ships 13,3 million phones in Q1
Sony Ericsson Thursday reported first-quarter net profit more than tripled, thanks largely to the continued popularity of its Walkman-branded music phones and delivery of new advanced phones in Japan.
Sony Ericsson also increased its forecast for the overall market in 2006, to 900 million units from the 860 million.
The company said net profit jumped to EUR109 million in the three months to March 31 from EUR32 million a year earlier. The pretax profit more than doubled to EUR151 million. Sales rose 55 percent to EUR1.99 billion.