Sony Ericsson Q3 slump buoyed by new financing, a rumored November launch for XPERIA X3

Posted by admin

Bad news, good news, and potentially great news time, folks. First with the bad: Sony Ericsson posted another loss for its fiscal third quarter, to the tune of 164 million euro (about $244 million US), blaming a large chunk of that on a drop in sales. Sales dropped year-over-year 40 percent to 1.6 billion euro, and unit shipments comparably down 45 percent. That's the bad, now what's good for SE is that its secured more financial backing to reshape its future into something more profitable.

Comments are closed.

Next Articles

Pages

Categories