Sony Ericsson sees profits triple
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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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World number four mobile producer  Sony Ericsson (ERICb.ST) (6758.T) 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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LM Ericsson, the world's largest maker of wireless networks, on Friday said earnings grew 12 percent in the second quarter, boosted by strong sales in Asia.
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A recovery in electronics sales offset losses in video games and helped boost Sony's profit for the July-to-September quarter more than 40-fold over the same period a year ago.
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Sony said quarterly net profit jumped to 73.7 billion yen, or $646.7 million, as sales of digital cameras, televisions and other electronics more than offset losses at its video-games unit.
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Sony Corp  swung to a quarterly operating profit as robust sales of digital cameras and camcorders helped offset videogame losses, and it raised its annual outlook that exceeds 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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By Foo Eu Jin  ERICSSON Malaysia expects its managed services business to do well next year, driven by an increase in spending by telecommunications companies.
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STOCKHOLM, Sweden -- LM Ericsson, the world's largest maker of wireless networks, said Friday that strong sales in Asia helped boost earnings 12 percent in the second quarter but its shares dropped as the results missed expectations.
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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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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&#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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In a deal aimed at rivaling Appleâs iTunes and Nokiaâs Ovi, Sony Ericsson will offer more than five million music tracks on it PlayNow Internet and mobile phone service.
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Japanese-Swedish mobile phone maker Sony Ericsson reports a tripling of its third quarter profit, driven by sales of new camera phones.
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Giant mobile phone maker Sony Ericsson will launch high-quality digital Walkman mobile phones in March this year to benefit from the surge in the mobile music business, which it expects to be a major growth area in 2005.
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Japanese-Swedish mobile phone maker Sony Ericsson said on Tuesday it expects slower growth in the global handset market next year.
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Swedish telecom equipment giant Ericsson and Japanese electronics maker Sony are moving their business relationship well beyond cell phones into the mobile and broadband TV space.