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Sony Ericsson reports sustained growth in sales and profits |
Habla
Joined: Apr 21, 2004
Posts: 26
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Tumbs up SE....
Link http://www.sonyericsson.com/s[....]1_1_1&zone=pc&lm=pc1&prid=2731
SE seems to be on the right track.
Don`t know if they have lost or gain in % of world market.
Anybody know how much the world market has grown?
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[ This Message was edited by: Habla on 2005-01-18 07:47 ]
[ This Message was edited by: Habla on 2005-01-18 07:48 ] |
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govigov
Joined: Jul 30, 2004
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From: Back home - Cochin
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As usual. Any product releases said? Or strictly financial?
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Habla
Joined: Apr 21, 2004
Posts: 26
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Strictly financial.
No new models.. 
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govigov
Joined: Jul 30, 2004
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From: Back home - Cochin
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what do the numbers say?
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Debu
Joined: Jan 15, 2003
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From: Colchester, UK
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With the release of the kxxx series, and p910, they have taken another step in the market.
Visit My Blog : Debu's Innovations'When nine hundred years old you will be, look as good, you will not' - Yoda |
Habla
Joined: Apr 21, 2004
Posts: 26
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Numbers of units shipped (million) (Q4) 12.6 (2004) 42.3
Sales (EURO m.) (Q4)2005 (2004)6525
Income before taxes (EURO m.) (Q4) 140 (2004) 486
Net income (EURO m.) (Q4) 55 (2004) 316
Units shipped in the quarter reached 12.6 million, a 56% increase compared to the same period last year. Sales for the quarter were Euro 2,005 million, representing a year-on-year increase of 40%. Income before taxes was Euro 140 million and net income was Euro 55 million, which represent year-on-year improvements of Euro 94 million (204%) and Euro 12 million (28%) respectively.
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[ This Message was edited by: Habla on 2005-01-18 08:03 ] |
BobaFett
Joined: Jan 06, 2004
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From: Kamino (wish it would be Lund)
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guess new fones with umts support would grow their incomings.
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Krubach
Joined: Dec 05, 2002
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From: Sunny Portugal! :)
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From SE global press room:
Sony Ericsson reports sustained growth in sales and profits
18 January 2005
Tokyo and Stockholm -- Sony and Ericsson today announced the consolidated financial summary for the fourth quarter and fiscal year ended December 31, 2004 of Sony Ericsson Mobile Communications AB (Sony Ericsson), the 50:50 joint venture of Sony and Ericsson.
----------------------------Q4 2003 Q3 2004 Q4 2004 2003 2004
shipped (million)------------- 8.0 ---- 10.7 ---- 12.6 -- 27.2 - 42.3
Sales (EURO m.)------------- 1437 --- 1678 ---- 2005 -- 4673 6525
Income before taxes (EURO m.) 46 ---- 136 ----- 140 ----130 - 486
Net income (EURO m.) -------- 43 ----- 90 ------ 55 ---- 86 -- 316
* Q3 & Q4 2004 IBT includes consolidation of BMC and Net Income includes deduction of minority interest in BMC 1)
** Q4 2004 Net Income includes a negative effect of a valuation allowance on deferred tax assets of Euro 45 million
Units shipped in the quarter reached 12.6 million, a 56% increase compared to the same period last year. Sales for the quarter were Euro 2,005 million, representing a year-on-year increase of 40%. Income before taxes was Euro 140 million and net income was Euro 55 million, which represent year-on-year improvements of Euro 94 million (204%) and Euro 12 million (28%) respectively.
The company experienced a strong quarter led by consumer demand for the V800 series and Z1010 3G UMTS phones, as well as GSM models like the S700, K700 and K500 series. During the quarter Sony Ericsson increased investment in brand and product development, while the Average Selling Price (ASP), one of the highest in the industry, increased sequentially to Euro 160.
“2004 was a good year for Sony Ericsson as the company established profitability and entered into a growth phase in its development,” said Miles Flint, President of Sony Ericsson. “The fourth quarter continued a trend of expansion in both volume and sales, showing the company’s ability to effectively compete in this dynamic market. Strong growth in Q4 was led by good up-take of our latest 3G UMTS phone which has laid the groundwork for future expansion of our 3G portfolio.”
During the fourth quarter, Sony Ericsson launched a new entry-level GSM product, the J200, for the Asia Pacific and Chinese markets, and introduced the Vodafone V800 and V802SE UMTS phones for the global and Japanese markets. The company also announced the entry-level T290 which will start shipping globally during Q1 and signed an agreement with Sharp Corporation in relation to the co-development of 3G FOMA® base software for NTT DoCoMo 2) in Japan. In addition, Sony Ericsson announced a major global sports sponsorship with the WTA (Women’s Tennis Association) Tour at the beginning of January 2005.
1) On June 30 2004, Sony Ericsson announced it had increased its equity stake in a Chinese factory, Beijing Ericsson Putian Mobile Communications Co. Ltd. (BMC) to 51%, taking over majority ownership of the facility from Ericsson. BMC operations have been fully consolidated into Sony Ericsson from the second quarter 2004 which had a positive effect on the company results. The name of the factory has been changed to Beijing SE Putian Mobile Communications Co. Ltd (BMC).
2) FOMA is a registered trademark of NTT DoCoMo, Inc. in Japan and other countries. NTT DoCoMo’s FOMA service is only available to subscribers in Japan.
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Debu
Joined: Jan 15, 2003
Posts: > 500
From: Colchester, UK
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Can someone explain to me, what all this means?
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goldenface
Joined: Dec 17, 2003
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From: Liverpool City Centre
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It basically means Sony Ericsson are doing particulary well as company with most people purchasing it's camera phones.
It is pleased to be doing well in China and is quite pleased with the take up of the 3G V800 which is a good grounding for more launches of 3G handsets  |
bart
Joined: Feb 03, 2002
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From: Flanders
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didn't expect them to sell so many phones.
profit is down but thats cause they invested a lot and maby got rid of some debt.
if they are so happy about the V800 sales then i wonder how much a non vodafone V800 would sell.
in the article they don't mention the P910i, maby sales of that device is abit down.
With Ericsson and Nokia gone: we must keep their spirits alive and buy JOLLA or YOTA |
whizkidd
Joined: May 14, 2004
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From: India
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Did they mention anything about their market share?
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bart
Joined: Feb 03, 2002
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they can't know that. not all companies have shared there results yet. and mostly its another company that tells us how much market share each company has.
i think they'll remain 6th
With Ericsson and Nokia gone: we must keep their spirits alive and buy JOLLA or YOTA |
whizkidd
Joined: May 14, 2004
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From: India
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SE is sixth?! Who are above it then? Nokia is first i know. Samsung might be second. Who's in between?
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Krubach
Joined: Dec 05, 2002
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From: Sunny Portugal! :)
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Motorola, Siemens and LG.
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Posted: 2005-01-18 08:44
