Sony Ericsson Expects $500 Million Loss After First Quarter Sales
Filed Under (Cellphones, Sony Ericsson) by admin on 22-03-2009 >> 52 views
Tagged Under : Cellphones, Sony Ericsson
While Palm is relying on its future Pre to take it out of its misery, Sony Ericsson doesn’t have any hot phone coming soon. And the company isn’t doing that well either in terms of money making out of its cellphone business. First quarter of the year sales for Sony Ericsson have dropped 50%. That means a loss of around $500 million which is about double the loss of the quarter before. Let’s face it here, Sony Ericsson don’t have phones appealing to the average people going through this recession. What will happen when Ericsson will leave the partnership?
