Ericsson reports solid profits but disappoints markets
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Swedish telecommunication equipment maker Ericsson reported a gain in second quarter net earnings Friday but shares fell by more than four percent as its numbers came in short of market expectations.
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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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Samsung Electronics expects profit from mobile devices to pick up next year, despite a rating cut issued by an investment bank. During a presentation at the UBS investor conference in Seoul, Samsung
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Sony Ericsson, the world's fourth-largest mobile phone maker, saw growing profits and market share in the second quarter but said the average selling price of its handsets continued to fall.
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Wireless equipment maker LM Ericsson posted a third-quarter profit that was in line with analysts&#39; expectations and said its mobile networks were expected to show signs of slight growth in the coming months.
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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&#39;s biggest mobile  network maker, reported softer-than-expected second-quarter  earnings on Friday but said the company continued to outperform  the market.
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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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Sony Ericsson, the world's No.4 mobile phone maker, posted better-than-expected fourth-quarter earnings on Wednesday as it shipped more phones, and said its share of the global handset market had increased.
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The world's largest chipmaker posted a whopping profit but investors concerns centered around lower-than-expected sales.
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European shares nosed up on Wednesday as  Ericsson gained on news it had won part of $4-billion Cingular  deal and with Glaxo buoyed after Pfizer affirmed its outlook.
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Mobile phone maker Sony Ericsson today reported that it had more than trebled third quarter pre-tax profits, but the market leader, Nokia, reported a 20% fall.
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Sony Ericsson, the world&#39;s fourth  biggest mobile phone maker, posted higher second-quarter sales  on Wednesday but its profit and its average phone sale prices  were below analyst estimates.
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Cell phone maker Sony Ericsson nearly doubled its third-quarter profit, the company announced Thursday, thanks to continued sales of its new feature-rich phones that boast bright colors, improved cameras and faster speeds.
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German engineering conglomerate Siemens  posted first-quarter profits on Thursday that beat  expectations, but it failed to present a solution for its  ailing mobile-phones business or a clear full-year outlook.
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Sony Ericsson, the world&#39;s  fourth-biggest mobile phone maker, posted higher second-quarter  sales on Wednesday but its profit and its average phone sale  prices were below analysts&#39; estimates.
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Telecom equipment maker Ericsson   reported on Friday lower-than-expected operating  profit of 7.6 billion Swedish crowns ($1.20 billion) in the  fourth quarter and announced major cost cuts.