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Forum > Sony Ericsson / Sony > General > Looks like SE aint' doing that bad after all...

Author Looks like SE aint' doing that bad after all...
tranquil
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Joined: Dec 15, 2001
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From: Oslo, Norway
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Posted: 2002-10-02 12:09
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Sorry, it's in swedish...

http://www.mobil.se/nyheter/visa.asp?id=5688&sid=1

on top at Expansys...
The ultimate ringtone wav mp3
Wings_Talons
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Joined: Mar 21, 2002
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Posted: 2002-10-02 12:34
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They are doing allright for this quarter Tranquil, but they did tell their share holders yesterday that their new orders have fallen quite drastically. The statistics on Expansys is very much delayed. Yesterday the shares of Ericsson fell by 16%. They continue to fall today as well because they announced that they are shutting down their R&D center in Australia and shedding 450 jobs. They are just scraping into profit for this year but many believe it will be quite a big loss next year.

But on the other front there is not all good news on Nokia either. Markets think that if 3G network roll out picks up, Ericsson should take a huge chunk of Nokia's market share. Lets hope things look brighter for when 3G era comes in.
Informer
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Joined: Dec 13, 2001
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Posted: 2002-10-02 12:45
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You're wrong!
Ericsson shares goes up today, +8% lunchtime (Stockholm).
Yesterday, Ericsson stock at NASDAQ, +22%.
Wings_Talons
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Posted: 2002-10-02 14:41
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Bear in mind, we stock brokers don't look at just the shares but also look at the drop in the futures and options related to the stock.

The US Nasdaq quotes only the ADR's not the shares.

The performance of Ericsson over last three months desires much to be said as can be seen from the graph below..

cheers.



bart
Ericsson T68
Joined: Feb 03, 2002
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From: Flanders
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Posted: 2002-10-02 14:46
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i think will wait whit there 3G phones till the 2nd generation of 3G phones comes along. not those half 3G products like the nokia 6650.

i think nokia is paying extra money to some stores and operators to sell there phones more then those of

notice around that nokia and samsung phones are availeble everywere and that ericsson and phones are limited.
Jison
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Posted: 2002-10-02 16:00
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Did you notice that Nokia only was in 4th place
t68i.2jison.com
c96sthl
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Posted: 2002-10-02 18:02
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guys, did you all realised you were referring to the wrong company?

Ericsson is a manufactuer of network equipment while Sony Ericsson is the maker of mobile phone. Do bear in mind tht whatever mentioned in Ericsson homepage about their outlook didn't reflect what is happening to SE.

You can see tht Ericsson and SE is seperating now as Ericsson never mention anything when HBH-60, T100 and HPR-20 were announced.

wont comment on how bad SE is but I don't see they are performing tht well.
nwmq1
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From: Sweden
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Posted: 2002-10-02 18:43
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>c96sthl

You're sooooooooooooo right! I was about to say the same thing... SE's result is not a part of Ericsson's....
Harleydog
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Posted: 2002-10-02 19:46
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but the stockbroker knew all that. by the way stockbroker what other great information do you have. My stockbroker, and for that matter, most don;t know their head from their ass these days.
Wings_Talons
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Joined: Mar 21, 2002
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Posted: 2002-10-03 15:08
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I can certainly sense sarcasm:

1. Note the graph is of Ericsson - telephone division.
2. Sony - Ericsson is not a company but a brand owned by both Sony and Ericsson. Revenues are shared between Sony & Ericsson on a 50:50 basis.
3. You cannot get share price of just Sony Ericsson on the stock markets.

faca
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Posted: 2002-10-03 15:27
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'Sony Ericsson' IS a company. It is based in London and has some 4000 employees around the world. It does not have shares, it is owned by Ericsson and Sony.

And, what is that top-list on that site supposed to be? Are you trying to tell me that the 7650 is Nokia's top selling device? Yeah, right... Expansys customers are not really representative enough for that top-list to be even close to the real one.
orange
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Posted: 2002-10-04 12:27
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Quote:

On 2002-10-03 15:08, Wings_Talons wrote:
I can certainly sense sarcasm:

2. Sony - Ericsson is not a company but a brand owned by both Sony and Ericsson. Revenues are shared between Sony & Ericsson on a 50:50 basis.



May I ask, what REVENUES?? In this case they share losses.
faca
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Posted: 2002-10-04 12:34
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Good one, orange...
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