Sony Ericsson says 4Q Net Profit Triples

Sony Ericsson said net profit came to €447 million ($579 million) over the quarter ending December 31, 2006; the same quarter in 2005 gave a net profit of €144 million. Sales numbers for Sony Ericsson's handsets grew by 61% thanks to continued high demand for its music and camera brands Walkman and Cyber-Shot, respectively.

Total sales came to €3.78 billion ($4.9 billion), up 64% from 2005. Going against the current industry trend of cheaper phones, Sony's average selling price per handset was at €146 ($189). Cheaper phones have caused problems for many of Sony Ericsson's main competitors. London-based Sony Ericsson, a joint venture of Japan's Sony Corp. and Sweden's LM Ericsson, said it gained market shares of about 2% globally for the quarter, to about 9% of the total market.

"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. 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 Sony Ericsson President Miles Flint.

News source: Physorg

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My K790 is pretty much sex in a cell phone.
Its the best cell phone I've ever used.

I think ill be moving on to a smart phone next year however.

Hope they become number 1. In my opinion, their devices are the best ones in the market. The user interface of their phones is the best. I discovered SE since Z600 and since it I've had a K700, K750 and now a K790, and each phone just keeps getting better.

Well done Sony Ericsson! I've had the K300, K700, K750, W810 and now I have the K790. I couldn't be happier with a phone. I hope they reach # 2 in market share this year or next one.