AFP – Mobile phone maker Sony Ericsson said on Friday it had plunged deep into the red in the third quarter with a net loss of 25 million euros (33.7 million dollars), but its sales volumes beat analysts’ expectations.
AP – Mobile phone maker Sony Ericsson on Friday said it swung to a loss in the third quarter, hurt mainly by weaker sales, continued price pressure on its handsets and negative effects from exchange rate fluctuations.
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Finnish cell phone maker Nokia reported today a 30 percent drop in third-quarter net profit amid falling sales and lower prices for its handsets.
Nokia said its market share was shrinking, ticking in at just 38 percent in the third quarter from 40 percent in the [...]
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