Q2 2008 Sony Ericsson makes bad results

What a lost! After reaching a high net income for Q2 2007 (it’s 220 million Euro), somehow the Q2 2008 Sony Ericsson only reaches 6 million Euro or 2,72 % as it’s reported by Sony Ericsson-the Japan-Sweden joint venture. There are 4 main aspects why it happens:

1. Many good competitors.
2. R&D financial in making great products.
3. Company reinstatement.
4. Time and hard work (Open Mobile Platform and Symbian Foundation).

Though the only goal is gaining an operating costs reduction for 300 million Euro per year, it is confusing that in the end the Q2 2008 Sony Ericsson still doesn’t reach a good result.

Via: 3GWeek

sony ericsson result 2008 (1)