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Ericssson Profits through Sony Ericsson |
JiggyJaggy Joined: May 21, 2002 Posts: > 500 From: London, UK PM |
I have just read that Ericsson have now broken even in terms of the capital they in vested in the Sony Ericsson joint venture..
"Sony Ericsson Mobile Communications (Sony Ericsson) reported units shipped up 29% year-over-year and 17% sequentially, reflecting a solid growth and market share gain. The increased investment in product development and marketing is starting to yield benefits. Sales increased by 22% year-over-year. Ericsson’s share in Sony Ericsson’s income before tax was SEK 0.7 b. for the quarter. The joint venture has now reached positive accumulated earnings, a significant milestone."
Good news for both Ericsson and who are striving to become the global leader in supply of telecommunications devices.
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david1975 Joined: Apr 05, 2004 Posts: > 500 PM |
yeah that is some good news |
goldenface Joined: Dec 17, 2003 Posts: > 500 From: Liverpool City Centre PM |
The Initial huge investment is always a huge risk for any company, some companies never see a return on their money for decades but this is good news for both companies who are now seeing positive cashflow for the first time since they began the venture.
I wonder if Mario2002 is starting to see a return on his investment....
Mario?
[ This Message was edited by: goldenface on 2005-10-24 14:06 ] |
Residentevil Joined: Feb 29, 2004 Posts: > 500 From: Raccoon City, USA PM, WWW
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They should invest more in customer service and repair capability.
Tough times don't last, tough people do! Free Tibet |
TeenInvader Joined: May 13, 2005 Posts: 398 From: South Africa - Jo'burg PM, WWW
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Are you not happy with their service?
I have repaired my V800 which was broken into tow halfs.
It took about one day. I am happy with their service.
I think they should invest more in marketing. |
JiggyJaggy Joined: May 21, 2002 Posts: > 500 From: London, UK PM |
Guys wether or not your mates ericsson phone got the keypad replaced is not really the point of the post here. lol.
Its looking at Ericsson's profits on a global scale.
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batesie Joined: Feb 13, 2004 Posts: > 500 From: London, UK PM |
great news JJ
[addsig] |
marlonski Joined: Oct 16, 2004 Posts: > 500 From: UK PM |
Nice one !
Lets hope they don't let it go to their heads !
_________________
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SPURIOUS NONESENSE
[ This Message was edited by: marlonski on 2005-10-28 23:25 ] |
Leviath Joined: Sep 14, 2005 Posts: > 500 From: PT@IB_PENINSULA LIVIN IN UK PM |
It's nice to ear theire making money... maybe now they can improve theire f/w development side of things....
[addsig] |
marlonski Joined: Oct 16, 2004 Posts: > 500 From: UK PM |
That would be nice ! fix one problem and gain another !!!! whats that all about then !!
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PeterKay Joined: Jul 08, 2003 Posts: > 500 From: The Ummah PM, WWW
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Well done
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