Sony Ericsson Q4 earnings seen down
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Mobile phone maker Sony Ericsson is set to report a drop in fourth-quarter earnings on Wednesday as its focus on lower-priced phones puts pressure on margins, analysts say.
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Japanese shares fell for a fourth straight session on Friday after consumer electronics firm Sony Corp. said its profit would fall, dragging down rival makers of digital products like Pioneer Corp.
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World number four mobile producer  Sony Ericsson   said on Tuesday it would  launch eight new phones, four of which would be at the low end  of the price-scale.
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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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Profit fell 94 percent in the third quarter as sales fell in the companyâs cell phone business, but it forecast better-than-expected fourth-quarter results.
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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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STOCKHOLM, Sweden -- Wireless equipment maker LM Ericsson AB reported a sharp drop in fourth-quarter net profits and said Friday it would lay off around 1,000 employees in Sweden because of costs cuts.
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Telecom equipment maker Ericsson  (ERICb.ST) 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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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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Sony Ericsson, the world's fourth-largest mobile phone maker, said Thursday its net profit rose 54 percent in the quarter ended June 30, as it expanded its market share with low and mid-range phones.
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The Sony Corporation warned that sales and profit would probably fall short of its forecasts because of declining prices for DVD recorders and video cameras.
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Nokia has reported a 20% decline in net profit for the third quarter, due largely to cuts it made in the prices for its mobile phones and predicted that earnings would fall again in the fourth quarter.
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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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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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Kenneth Cole Productions Inc. KCP.N  on Thursday said its fourth-quarter and full-year earnings  would fall well below Wall Street analysts' expectations  because of a "challenging December" and the cost of complying  with accounting regulations.
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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.