Sony Ericsson have posted their financial results for Q3 2011 and, at first glance, things don’t look entirely too pretty. Sony Ericsson generated €1.59 billion in revenue over the quarter. This is a drop from €1.6 billion in the same quarter last year, but not a big enough drop to raise serious concerns. In fact, this is a pretty good improvement over last quarter’s €1.19 billion.
Sony Ericsson posted net income of negative €50 billion, a trend that hasn’t seemed to improve over the quarters.
Android Phone, Sony Ericsson Slightly Improves From Q2, But Will Make Nothing but Smartphones Beginning 2012
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