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Sony Ericsson reports Q4 2003 growth |
ajack
Joined: Apr 22, 2002
Posts: > 500
From: Malaysia
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They are doing better... again! 
This is good... NOk*a must die!
Enuf, URL is http://www.sonyericsson.com/spg.jsp?page=C2_1_96&B=ie
Cheers,
ajack
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shithappens
Joined: Sep 17, 2002
Posts: > 500
From: Kuala Lumpur, Malaysia
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sweet!!!!
True Bravery is arriving home late after a boys' nite out, wife waiting with the broom & u ask: "Are u still cleaning or are u flying somewhere" |
Universal Exports
Joined: Mar 03, 2003
Posts: > 500
From: Sweden
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For wappers? But it's great!
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eric2004ut
Joined: Apr 18, 2003
Posts: 54
From: Eric
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Ahem but it is 2004. This not old 2003 anymore. That is old news.
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Guy89
Joined: May 18, 2003
Posts: > 500
From: PL
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that's great, I am very happy for 
 P905 |
Vlammetje
Joined: Mar 01, 2003
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From: Den Haag
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Quote:
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On 2004-01-19 09:27:49, eric2004ut wrote:
Ahem but it is 2004. This not old 2003 anymore. That is old news.
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I don't think you understand how it works. One simply cannot present final results over any period unless that period has been closed and consolidated. In other words, results over Q4 2003 (oct, nov and dec) are presented in Q1 2004. This is the kind of information that other companies (think investors, suppliers, future cooperations with others) base their decision on whether or not to make a deal with
Not old news at all.
An extract for the wappers:
Quote:
| Press Release
Sony Ericsson reports profit and continued growth in the fourth quarter
January 19, 2004
Tokyo and Stockholm, January 19 -- Sony and Ericsson today announced the consolidated financial summary for the fourth quarter, ended December 31, 2003 of Sony Ericsson Mobile Communications AB (Sony Ericsson), the 50:50 joint venture of Sony and Ericsson. The company reported continued growth in sales and shipments in the fourth quarter. During the quarter the company started shipping a variety of new products to further enhance and diversify its product portfolio in the GSM and Japanese markets.
Units shipped in the quarter reached 8.0 million, which is 13% higher than the same period last year. Sales for the quarter were Euro 1,437 million, representing year-on-year increase of 16%. Income before taxes was Euro 46 million which includes restructuring charges of Euro 9 million, relating to the final phase of previously announced restructuring of the American CDMA business and the GSM development unit in Munich, Germany. Net income was Euro 43 million, which represents year-on-year improvements of Euro 112 million. This reflects the continued success of the T610 series, successful introduction of new products in Japan, and the launch of both high-end and entry-level phones for GSM markets.
In 2003, units shipped reached 27.2 million, which is 19% higher than previous year. Sales for the year were Euro 4,673 million, representing an increase of 12% compared to 2002. Income before taxes was Euro -130 million which includes restructuring charges of Euro 63 million. The strategic focus areas of GSM and Japanese standards posted a 50% and 15% year-on-year growth in shipments respectively.
“We are pleased to announce another quarter of profit and a strong second half of the year. Following restructuring in the first half of the year, we have established a more solid operational platform. 2003 has seen Sony Ericsson further establish itself as an innovative and exciting new brand. We are optimistic that we can build on the success of the second half of 2003 with exciting new products like the P900, T630, T230 and our first two clamshell phones, the Z600 and Z200, as well as innovative products for the Japanese market.” says Katsumi Ihara, President of Sony Ericsson.
Q4 2002 Q3 2003 Q4 2003 2002 2003
Numbers of units shipped (million) 7,1 7,1 8 22,9 27,2
Sales (EURO m.) 1235 1305 1437 4176 4673
Income before taxes (EURO m.) -77 39 46 -291 -130
Net income (EURO m.) -69 62 43 -241 -86
Sony Ericsson Mobile Communications AB offers mobile communications products for people who appreciate the possibilities of powerful technology. Established in 2001 by Telefonaktiebolaget LM Ericsson and Sony Corporation, the joint venture continues to build on the success of its two innovative parent companies. Sony Ericsson creates value for its operator customers by bringing new ways of using multimedia communications while mobile. The company’s management is based in London, and has 4,000 employees across the globe working on research, development, design, sales, marketing, distribution and support.
For further information, please visit: www.SonyEricsson.com
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eric2004ut
Joined: Apr 18, 2003
Posts: 54
From: Eric
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I do not see that producing more in 2004 that talking about the part will help. Talking about planning or goals for 2004 would be better.
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Vlammetje
Joined: Mar 01, 2003
Posts: > 500
From: Den Haag
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Did you even read what i said? 
Any company wishing to go in business with another will have a look at their most recent financial results, as well as their history.
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eric2004ut
Joined: Apr 18, 2003
Posts: 54
From: Eric
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So recent and history? No future planning? That is what that sounds like to me.
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caff
Joined: Jun 14, 2002
Posts: > 500
From: Australia
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Good job, SE ! Bring us more exciting products and sure you will be in top 3 again ! Can't wait for T650 and other new phones this year !
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Vlammetje
Joined: Mar 01, 2003
Posts: > 500
From: Den Haag
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Quote:
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On 2004-01-19 10:07:02, eric2004ut wrote:
So recent and history? No future planning? That is what that sounds like to me.
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May I ask what you do for a living?
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eric2004ut
Joined: Apr 18, 2003
Posts: 54
From: Eric
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Right on! Great job for 2003 SE. Now lets make 2004 better. See that is what we should be talking about.
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Krubach
Joined: Dec 05, 2002
Posts: > 500
From: Sunny Portugal! :)
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@Vlamm
Forget the guy. He must have the IQ of a paperweight.
The guy just wants to know what phones is he getting this year from SE. |
judge
Joined: May 21, 2003
Posts: > 500
From: Romania
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Vlam, where do you find the strength and the patience? You must teach me! Eric2004, you have to promise us you'll never get involved in ANY type of economic activity or strategic planning. EVER. @all: Good news, indeed! I hope that good times lay ahead of us and that SE is learning from the past and present mistakes.
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wrecked_porsche
Joined: Jul 01, 2002
Posts: > 500
From: I'm not telling u !
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Woohooo Great news 
Long Live
Die NOkia Die !!  |
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Posted: 2004-01-19 08:50
P905 
