Mobile Today: Ericsson losses set a ‘worrying precedent’

Published: 25 January 2012

Source: Mobile Today

CCS Insight was quoted in this article about analysts warning that Sony Ericssons full-year net loss of €247 could be the first in a series of disappointing results for the manufacturers.

CCS Insight analyst Geoff Blaber said: ‘The extent of the losses was a surprise. Sony Ericsson made considerable progress through the year, in particular during the third quarter, when it bounced back from the effects of the Japanese earthquake. The results underline the challenges facing Android manufacturers.’

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