Wednesday, July 11, 2007

Sony Ericsson Q2 sales up, profit below consensus

(Reuters) - The cellphone venture of Sweden's Ericsson and Japan's Sony Corp. , known for higher-end music phones based on its Walkman brand, said it gained market share in the quarter by selling lower-priced phones that widened its potential customer base.




Its report came shortly after bigger rival Motorola Inc. forecast a quarterly loss, blaming weak phone sales.


Read more at Reuters.com Business News

No comments: