Sony Ericsson

Disappointing fiscal results for Nokia and Sony-Ericsson

Nokia announced its Q3 2009 results yesterday and Sony-Ericsson did so earlier today. Both companies had lacklustre results. Nokia reported sales of €9.8 billion (about USD$14.6 billion), a 20 percent drop year over year. They also reported a loss of €426 million (about US$635), their first loss in over a decade. A year ago, Nokia had reported a profit of […]