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Sony Ericsson Q4 and full 2011 results published, check them out

19 January 2012
Tags: Xperia, Sony Ericsson

January is always the month in which these financial reports are published, giving people the chance to see how the top manufacturers did last year. Well, now its Sony Ericsson's turn and we have to say that things don't look too good for them. The joint-venture, which is set to become only Sony starting this year, has a pretty rough ending to 2011. The holiday quarter was a total disappointment for the company, also leading to a major dip in its overall results for the entire year.

Sony Ericsson Q4 and full 2011 results published, check them out

Sony Ericsson plunged downwards in both sales volume and value in Q4, which led to a staggering net loss of €207 million. The company only managed to ship 9 million phones, which is a poor performance compared to the 11.2 million shipped in Q4 of 2010. The results are even harder to digest considering that Q4 is usually the most profitable quarter of the year. At the end of the year, SE drew the line and saw that they ended with a net loss of €247.

In 2011, only 34.4 million handsets from the company found an owner, compared to 43.1 million in 2010. The report stated that the reasons for these market troubles are the intense competition which inevitably led to price erosion. Still, the Xperia S and Xperia ion which we encountered at CES seemed really promising and if Sony Ericsson continues these nice launches at MWC, it should be able to return to the profitable ways.

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Sony Ericsson Q4 and full 2011 results published, check them out - comments


Patti 2012-04-19 23:26

Sony can help their self by upgrade phone CPU,RAM put new hootnelcgy from their camera,HI-FI stereo .. that make it popular again also if use the smartphone as remote control and PS3 controller!! I use Sony Ericsson it make sense!! Have new hootnelcgy u not gonna believe!!