Mobile phone maker Sony Ericsson announced today that it would cut 2000 jobs, as the company reports a second quarter operating loss of $3.17 million. The company has been pinched by plummeting demand for its high-end smart phones and inflation eating away at margins for inexpensive cell phones, and things don't seem to be looking up: "
Challenging market conditions are expected to prevail this quarter," the company said in a statement. Net income for the company fell from $347.6 million a year ago to $9.48 million while sales slumped 9.4 percent to $4.4 billion. Unit sales in the quarter reached 24.4 million, down from 24.9 million units a year ago. The closely watched average selling price per unit was $183, whereas a year ago, it was $197.50.
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SE have a facility in my town so it might have a fair bit of impact locally :/
revenge of the iphone!
If they really want to fix their products, they need to reduce the price, improve the battery life, and come out with phones that work rather than something with 100s of features, each of them with some sort of quirk.
I had one with the earpiece dying on me, another with back light going out, and another one wouldn't charge anymore.... it was like clock work... every 6 months... i'd have to get another one.
I don't consider myself harsh on on phones either... never drop them, get cases and screen protectors... and having 3 phones die on me in 18 months is never good... Three strikes and there out.
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