AfterDawn: Tech news

Sony Ericsson posts giant loss

Written by Andre Yoskowitz @ 19 Apr 2009 2:05 User comments (7)

Sony Ericsson posts giant loss On Friday, Sony Ericsson posted a large loss of $382.4 million USD, adding that phone shipments fell 35 percent year-on-year, to 14.5 million units between January and March.
Additionally, the company will cut 2000 more jobs on top of the 2000 already cut in the past year.

Officials estimated that due to the global economic recession, the entire mobile phone market will shrink 10 percent in 2009, with just about 1.2 billion phones shipped for the year.

Perhaps more critical for the future of the company is the fact that they have lost 2 percent market share in the past year, dropping to 6 percent, and being surpassed by LG, Samsung and possibly Motorola. Notably, Sony Ericsson has lost giant amount of market share in the high-end market.

Previous Next  

7 user comments

119.4.2009 14:11

Yea well most of their phones are overpriced and/or just suck. My friend has a W810i and I've tried it and I think I can say that I'll never buy a Ericsson phone because it takes a learning curve to use it :P

Definitely not as simple as my Nokia 6275i which has the exact same specs and features and was $100 cheaper I think and it looks nicer too (the black one).

219.4.2009 15:04

Sony needs to realize there competition is dropping the price, while there product's remain for a premium fee.

i could get a 40inch Samsung for $768, or i could get a Sony 40inch for $932.

319.4.2009 15:08

Originally posted by DXR88:
Sony needs to realize there competition is dropping the price, while there product's remain for a premium fee.

i could get a 40inch Samsung for $768, or i could get a Sony 40inch for $932.
I don't know if that's the greatest example... Normally Sony LCDs have a better picture then the rest...

They've gotten cheaper there too, before that $932 would have been like $1,232 from what I've noticed.

419.4.2009 18:27
EricSher
Inactive

spam removed

This message has been edited since its posting. Latest edit was made on 19 Apr 2009 @ 9:07

519.4.2009 19:00

Originally posted by EricSher:
SpamInACan
edited by ddp

WTF is going on with AfterDawn these days? Where the hell did all of these Nigerians come from?
This message has been edited since its posting. Latest edit was made on 19 Apr 2009 @ 10:12

619.4.2009 20:17

Originally posted by Morreale:
WTF is going on with AfterDawn these days? Where the hell did all of these Nigerians come from?
From the dark depths of the interwebs.
This message has been edited since its posting. Latest edit was made on 19 Apr 2009 @ 9:32

719.4.2009 21:09

@Morreale & DXR88
Let's try and be a more selective with the quote function and not quote the stuff that breaks the rules.
You'll need to edit the 'offending' link from your posts.

Comments have been disabled for this article.

Latest news

Roomba Combo j7+ review - Clever trick allows robot vacuum finally to tackle home with rugs and carpets Roomba Combo j7+ review - Clever trick allows robot vacuum finally to tackle home with rugs and carpets (06 Jun 2023 9:19)
Roomba Combo j7+ is the very first Roomba model to combine robot vacuum with mopping features. And Roomba Combo j7+ does all that with a very clever trick, which tackles the problem with mopping and carpets. But is it any good? We found out.
Neato, the robot vacuum company, ends its operations Neato, the robot vacuum company, ends its operations (02 May 2023 3:38)
Neato Robotics has ceased its operations. American robot vacuum pioneer founded in 2005 has finally called it quits and company will cease its operations and sales. Only a skeleton crew will remain who will keep the servers running until 2028.
5 user comments
How to Send Messages to Yourself on WhatsApp How to Send Messages to Yourself on WhatsApp (20 Mar 2023 1:25)
The world's most popular messaging platform, Meta-owned WhatsApp has enabled sending messages to yourself. While at first, this might seem like an odd feature, it can be very useful in a lot of situations. ....
18 user comments
How to Enable Bluetooth on Stadia Controller How to Enable Bluetooth on Stadia Controller (11 Feb 2023 1:04)
Google shut down its streaming game service Stadia late last month and this means that some people have Stadia controllers lying around that seem to be of no use. That is fortunately not the ....
2 user comments
Guide: How to Kick Unwanted Guests from Your Netflix Account Guide: How to Kick Unwanted Guests from Your Netflix Account (26 Jan 2023 2:14)
Sharing a Netflix account with a person in a different location is possible and indeed very common, although the company doesn't necessarily enjoy this behavior from their customers. However, ....

News archive