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Sony Ericsson just reported their Q2 2009 results and they’re not pretty. The company shipped 13.8 million units, with an average selling price of 122 EUR. Compare that to last quarter, which saw Sony Ericsson selling 14.5 million units with an ASP of 120 EUR. Even worse is when you compare these results to this time last year when Sony Ericsson sold 24.4 million units with an ASP of 116 EUR. The trend seems to be fewer units, with a higher average selling price. Gross margin is improving at 12% compared to 8% last quarter, but profits for this quarter are non-existing. Sony Ericsson lost 213 million EUR, which is an improvement since last quarter they lost 293 million EUR. This time last year Sony Ericsson made 6 million EUR. Those were better days.
About The Author
Stefan Constantinescu
Stefan Constantinescu (@WhatTheBit on Twitter) has loved technology since as far back as he can remember. It started with computers, but in the past few years his passion has turned to mobile devices. As a mobile phone enthusiast who lives and breathes devices that connect to the internet, he knows he is not alone with this radical fascination of all things wireless. He is strongly opinionated and enjoys a good debate so leave comments in his posts and he’ll get back to you! Stefan began blogging as a hobby in the fall of 2006 and joined IntoMobile in the summer of 2007. Later he got a job at Nokia in March 2008, but as of June 2009 he has rejoined the IntoMobile team. He is currently based out of Helsinki, Finland.
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