Sony Ericsson profits fall on cheaper phones
Mobile manufacturer Sony Ericsson's third quarter profit fell by 10 per cent despite shipping more units over the past year. The firm said on Thursday that profit declined from the €298m it clocked up for the third quarter of 2006 to €267m this year. Pre-tax profit fell 11 per cent to €384m from €433m in the year-ago quarter, …
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Why am I not surprised?
That's what you get for giving your flagship early-adopters buggy kit and the "shut up and suffer" treatment. Just have a look at the currently circulating open letter to SE's new CEO at http://www.bli.com.ar/openletter/open.html.
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