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Sony Ericsson loss 113 mln euro |
goldorak
Joined: Jan 23, 2003
Posts: 401
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Bad news from SE... 
http://www.asia.reuters.com/newsArticle.jhtml?type=topNews&storyID=2618891
Sony Ericsson Q1 pre-tax loss 113 mln euro
Thu April 24, 2003 03:18 AM ET
STOCKHOLM, April 24 (Reuters) - Swedish-Japanese mobile phone maker Sony Ericsson made a 113 million euro pre-tax loss in the January-March period, Sony Corp 6758. said in its fiscal year-end report on Thursday.
In the fourth quarter of 2002, Sony Ericsson, the only loss-making top-five handset maker, made a 77 million euro pre-tax loss.
Sony said the company's poor performance was a result of increased pricing pressure and costs of phasing in new GSM products.
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jacque
Joined: Jan 29, 2003
Posts: 229
From: Slovakia, PN, temporary in Cz
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:: nobody is perfect:: .... |
wrecked_porsche
Joined: Jul 01, 2002
Posts: > 500
From: I'm not telling u !
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Serves them right for taking soo long to get their act together. Look at what they did with the t300 and t310. Their pricing is off !! Look at the Mca20 and Mca25. Look at their price droop !! They can't even stick with one distributer here in Malaysia. Their adds in the papers are dull and only take up a quarter of a page while others like nokia and samsung take up full pages and are in full colour !! What do you expect ? Failure of course !! They better do something soon or else ...
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ynohtna
Joined: Dec 27, 2002
Posts: 278
From: PH
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The only reason im going to dump SE if they close shop their joint venture.Other than that,profit or loss,il stick to SE.
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c96sthl
Joined: Mar 31, 2002
Posts: > 500
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It is so weird....they have T100 and P800 out...both phone was claimed to be leader in some country and a major sucess based on Ericsson std BUT....they still ship less than 4th Quarter 2002?
Lets see what happen when Quarter 2 over....Tht's the time for T610 to launch (If no problem occur)
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moodswinger
Joined: Dec 10, 2001
Posts: 78
From: New York, USA
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But why do you guys care?
You own SE stock or something?  |
alex
Joined: Jun 11, 2002
Posts: 156
From: Malaysia
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@ moodswinger
@ All,
C'mon.... Stop complaining! SE did all their best.... It's their strategy they choose. If you like their phones then just purchase it otherwise... just get others. Whether profit making or not... it really doesn't matters to us.. |
bart
Joined: Feb 03, 2002
Posts: > 500
From: Flanders
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they are just starting, they've god a hole new line ready to bring up some profit, give them one more year. |
c96sthl
Joined: Mar 31, 2002
Posts: > 500
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well just hope we won't see it getting worst....coz tht might make SE with no future...then we can complain ...no just feel sad over it is enough |
wrecked_porsche
Joined: Jul 01, 2002
Posts: > 500
From: I'm not telling u !
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No future them that's just too bad !! Serves them right for being so dumb !! Like moodswinger said, who cares ?
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peeta
Joined: Apr 14, 2003
Posts: 147
From: Scotland
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When a company like nokia have such a stranglehold over the market its a big gamble to go up against them. A bit like the gamble leeds utd took trying to challenge man utd n arsenal.
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DragonEye
Joined: Sep 26, 2002
Posts: > 500
From: Canada
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Don't forget though Sony took out Nintendo and Sega... I know it's not phone related but it's just a reminder of what Sony is capable of. |
d' fuhrer
Joined: Feb 26, 2003
Posts: 163
From: the wolf's lair
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that goes to show that SE management and products suck big time. due to the delayed releases of their products and bad software are i think the main reasons they lost a lot of money. i also think sony did not take out nintendo (i'll grab myself a gameboy advance sp) and sega for they still exist. sony took out ericsson itself. sony is the one calling the shots in the joint venture and run it behind the shadows of ericsson top brass.
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[ This Message was edited by: d' fuhrer on 2003-04-25 04:22 ] |
wrecked_porsche
Joined: Jul 01, 2002
Posts: > 500
From: I'm not telling u !
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Yeah man, i hear ya !! You are so right !! Their management sucks big time ...
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DragonEye
Joined: Sep 26, 2002
Posts: > 500
From: Canada
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Sorry let me re-phrase Sony's PS2 has completed taken out the competition in the console market.... Sega doesn't make consoles anymore and Nintento and X-box and far far behind in overall sales... My point was that Sony was capable of getting ahead of the market in that situation which let it capture huge market share hopefully they and able to apply that strategy to the future releases. Cause teh t310 was released right on the spot and the t610 should follow suite (i hope MAy 15 right) I think that will be a step in the right direction. |
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Posted: 2003-04-24 12:54
