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Record quarter caps a record year for Sony Ericsson

17 January 2007 by
News Articles:

Technical details:
• Ericsson R380
• Ericsson R520
• Ericsson R600
• Ericsson T29s
• Ericsson T39
• Ericsson T60d
• Sony Xperia A
• Sony Xperia Acro S
• Sony Xperia Advance
• Sony Xperia C
• Sony Xperia E
• Sony Xperia E Dual
• Sony Xperia E1
• Sony Xperia E1 Dual
• Sony Xperia Ion LT28at
• Sony Xperia J
• Sony Xperia L
• Sony Xperia M2
• Sony Xperia Miro
• Sony Xperia Neo L
• Sony Xperia P
• Sony Xperia S
• Sony Xperia SL
• Sony Xperia Sola
• Sony Xperia SP
• Sony Xperia SX
• Sony Xperia T
• Sony Xperia T2 Ultra
• Sony Xperia Tipo
• Sony Xperia Tipo Dual
• Sony Xperia TL
• Sony Xperia TX
• Sony Xperia U
• Sony Xperia V
• Sony Xperia VL
• Sony Xperia Z
• Sony Xperia Z Ultra
• Sony Xperia Z1
• Sony Xperia Z1 Compact
• Sony Xperia Z2
• Sony Xperia ZL
• Sony Xperia ZQ
• Sony Xperia ZR

From the forum:
Sony Ericsson impress with a volume and sales growth of over 60% compared to 4th quarter last year.
Q4 Highlights:
  • Year-on-year volume & sales growth of over 60%
  • Income before tax up 144% year-on-year
  • Hit products drive market share gains
2006 Highlights:
  • Volume & sales grow to 74.8 million units and 10,959 million Euros respectively, double the global market growth rate
  • Income before taxes grows to 1,298 million Euros
  • 60 million music enabled phones, including 17 million Walkman phones sold
  • Strong growth in Latin America, Asia Pacific and Europe

The consolidated financial summary for Sony Ericsson Mobile Communications AB (Sony Ericsson) for the fourth quarter ended December 31, 2006 is as follows:

Q4 2005Q3 2006Q4 2006FY05FY06
Number of units shipped (million)16.119.826.051.274.8
Sales (EURO m.)2,3102,9133,7827,26810,959
Income before taxes (EURO m.)2064335025121,298
Net income (EURO m.)144298447350997

Units shipped in the quarter reached 26.0 million, a 61% increase compared to the same period last year, generating significant year-on-year market share gains. Sales for the quarter were Euro 3,782 million, representing a year-on-year increase of 64%. Income before taxes for the quarter was Euro 502 million representing a year-on-year increase of 144%. Net income for the quarter was Euro 447 million.

Sony Ericsson increased market share during the quarter due to the continued success of products such as the K800/K790 Cyber-shot™ phone and Walkman® phone line-up. Average Selling Price (ASP) was slightly higher than expected due to more favourable than expected market conditions and continuing strong demand for Sony Ericsson’s hit model handsets. Particularly strong growth in emerging markets in Latin America and Asia Pacific, as well as in Europe, illustrates Sony Ericsson’s success at expanding the portfolio to increase market share in new markets with attractive mid-tier products, and without undermining profitability.

"The fourth quarter saw Sony Ericsson finish a strong year with record volumes, sales and net income due to the soaring popularity of our imaging and music phones. Earlier investments in R&D and marketing have enabled us to expand the portfolio and strengthen the brand to increase consumer and operator appeal. Our target is to become one of the top three players in the industry, and the momentum we established in 2006 makes this an achievable ambition," said Miles Flint, President of Sony Ericsson.

Sony Ericsson estimates the 2006 global handset market as being around 980 million units, higher than previous forecasts of over 950 million units for the year. On this basis the company believes it has outperformed the market during the quarter, gaining around 1% of market share sequentially, to achieve a global market share of approximately 9% during Q4. In Q4 2006 Sony Ericsson grew market share slightly over 2% against the same period for the previous year.

During the fourth quarter Sony Ericsson announced it had reached agreement in principle to acquire the Swedish software company UIQ Technology AB, a wholly owned subsidiary and business of Symbian Ltd. Sony Ericsson expects the transaction to be completed during the first quarter 2007





Comments
On 18 Jan 17:42 imransoorya wrote
what is its market share as on this date
On 18 Jan 17:02 nick wrote
sony ericsson target in 2007: no.2 guys...
target in 2008 no.1...
On 18 Jan 16:34 supra wrote
well done sonyericsson. im not surprised. sonyericsson is the best. no mobile can stand against it. sonyericsson rulz. keep up the gud work. sonyericsson for life.
On 18 Jan 15:47 JasonC wrote
TO SEsucks
Jealousy makes you angry and speak impolitely. Wondering which PERFECT phone actually you are using right now??

SE ROCKS...
On 18 Jan 11:30 Mukul wrote
Well Done Sonyericsson..keep up the gud work
On 18 Jan 10:56 Hendrick wrote
Good work SE, but I think their offering at the low end segment need to be improve with cheaper & better spec phones... so to oust NoCare, Moto & Samsung...
On 18 Jan 10:01 Henry wrote
i see SE doing 3rd by the end of this year (2007) or 1st quarter of next year sumsung is sitting on a time bomb afterall it doesnt deserve place number 3. SE more pressure on the gas pedal
On 18 Jan 09:02 Faseeh wrote
Well done SE for removing very good products
On 18 Jan 07:58 maziar wrote
well done SE...I love u....
On 18 Jan 07:41 gpo wrote
salut! keep up the good work! Sony Ericsson is always no.1 for me.
On 18 Jan 07:04 hfadzli wrote
Well Done...Keep it up..and i will buy SE product as always..
On 18 Jan 03:57 Dhakz wrote
SE simply Rocks!
On 17 Jan 22:53 nick wrote
Jolly Well Done
On 17 Jan 21:08 Hameed wrote
Nocare,Moto... and Samsung,be afraid be very afraid..
On 17 Jan 20:23 FahadKhan wrote
My opinion is Sony Ericsson is No.1 in my my point of view. Walkman Phone W810i & W950i Rocks, Kamera Phone K800i And K750i Rocks. ( I O SE ) Keep it UP...
On 17 Jan 19:13 nick wrote
no.1 nokia, no.2 motorola, no.3 samsung, and no.4 sonyericsson...i'hope sonyericsson to be no.2 in 2007....
On 17 Jan 17:44 dubaiboy wrote
well done sonyericsson! make us more happier this 2007! cheers!!!

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