Ericsson returns to quarterly profit as world markets show growth
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Swedish telecommunications equipment maker Ericsson reported a return to net profit in the third quarter, lifted by healthy growth in its international markets.
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Ericsson , the world's largest supplier of equipment for mobile phone networks, reported fourth-quarter pre-tax earnings below expectations on Friday and reduced its 2007 market growth forecast.
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Ericsson, the world's biggest supplier of mobile telecommunication systems, has reported a slight drop in second-quarter net profit as the acquisition of British group Marconi in 2005 continued to weigh on earnings.
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Japanese-Swedish mobile phone maker Sony Ericsson has reported a tripling of its third-quarter profit. Earnings at the world&#39;s fifth-biggest handset maker were driven by strong sales of new camera phones and topped market expectations.
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Ericsson , the world's biggest mobile network maker, reported softer second-quarter earnings than expected on Friday, posting flat sales in its key European market and disappointing the market in its multimedia drive.
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Swedish telecoms equipment maker Ericsson reported a lower-than-expected fourth-quarter gross profit margin on Thursday as the rollout of more mobile networks added to costs, sending its shares down despite strong orders.
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The mobile phone maker said  fourth-quarter net profit rose to $2.6 billion and that it had reached its goal of 40 percent market share in handset sales. The companyâs stock soared.
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Sony Ericsson, the world's fourth-biggest mobile phone maker, missed expectations with a 55 percent jump in quarterly profits after it shifted focus to sales of lower-priced phones to gain market share.
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Shares of Swedish company Ericsson  ERICY.O fell 6.8 percent before the bell Friday after the  world's biggest producer of mobile phone networks reported a  big jump in third-quarter profits but said market growth would  slow next year.
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Ericsson  missed market forecasts for second-quarter earnings as its multimedia drive produced disappointing results and sales in its key European market stagnated, sending its shares down 3 percent.
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Telecom equipment maker Ericsson  reported lower-than-expected profit and announced sweeping job cuts on Friday as the group hunkered down for what it expects will be a flat market this year.
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Ericsson, the world's largest supplier of equipment for mobile phone networks, reported fourth-quarter earnings below expectations on Friday and reduced its 2007 market growth forecast.
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Ericsson (ERICb.ST), the top global  mobile telecoms equipment maker, said on Thursday it expects  growth of about 5 percent for the world's biggest mobile  standard, GSM, and its successor, WCDMA, in 2006.
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Samsung&#39;s net income rose to US$2.34 billion from $1.60 billion last year. Sales gained 27.4 percent to $12.9 billion from $9.
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STOCKHOLM Ericsson, the world&#39;s biggest producer of mobile phone networks, reported a sharp rise in third-quarter profit on Friday but said market growth next year would be slower than in 2004.
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The South Korean consumer electronics and appliances company swung to a profit on strong sales of appliances and premium mobile phones.
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Swedish-Japanese mobile phone maker Sony Ericsson reported higher fourth-quarter sales and average selling prices than expected on Tuesday, saying its 3G handsets and camera phones were driving the growth.