Sony Ericsson Fourth-Quarter Profit Falls
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Mobile phone maker Sony Ericsson said fourth-quarter profit fell almost 17 percent as higher costs more than offset the effect of a rise in shipments.
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Mobile phone infrastructure firm Ericsson sees worse than expected quarterly results and lowers its forecasts for 2007.
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Sony Corp. posted a 13 percent drop in  quarterly profit on Thursday due to sliding prices of TVs, DVD  recorders and video cameras and its failure to overtake Apple  Computer's iPod in the portable audio market.
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Swedish telecommunication equipment maker Ericsson on Friday reported a gain in second quarter net earnings but its sales performance fell short of market expectations.
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Cell phone maker Motorola Inc. on Wednesday said net profits fell 84 percent in the fourth quarter and warned that the recovery in its struggling handset unit will take longer than expected.
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Ericsson, the world's biggest producer of mobile phone networks, said market growth would slow next year, sending its share price down sharply despite reporting a big jump in third-quarter profits on Friday.
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Sony Ericsson, the world'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' estimates.
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3M Co  said on Tuesday  fourth-quarter earnings fell as last year's results included a  gain for selling a business.
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Samsung Electronics Co. said Tuesday that its fourth-quarter net profit fell 6.6 percent amid sharp declines in prices for computer memory chips, though sales of mobile phone handsets surged to a record.
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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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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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The countryâs largest newspaper publisher said Friday that its fourth-quarter profit dropped because of a decline in broadcasting revenue and weak newspaper ad sales.
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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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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.
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Texas Instruments Inc posted a 10  percent rise in quarterly profit on Monday, but gave a  disappointing revenue forecast due to the loss of some business  at customer Ericsson, sending its shares down as much as 4  percent.
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The soft drink maker said its fourth-quarter profit fell 31 percent from results a year ago that included a tax benefit from a settlement with the Internal Revenue Service.
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Texas Instruments Inc  posted a 10 percent rise in quarterly profit on Monday, but gave a disappointing revenue forecast due to the loss of some business at customer Ericsson, sending its shares down as much as 4 percent.