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Sony Ericsson Handset Shipments Rise

16 октября 2006
Sony Ericsson has reported that it shipped 19.8 million handsets during the third quarter, ending September 30, a 43% increase compared to the same period last year, and approximately double the market growth rate. Sales for the quarter were EUR2.9 (US$3.65) billion, representing a year-on-year increase of 42%. Income before taxes was EUR433 (US$544) million representing a year-on-year increase of 187%. Net income was EUR298 (US$375) million.

"The third quarter saw Sony Ericsson reap the success of hit products announced earlier in the year such as the high-end K800 and W810, mid-range K610 and lower-priced W300 and K310. Our strategy of using flagship products to give Sony Ericsson a lead position within a product category such as imaging with the Cyber-shot megapixel camera phone or music with the Walkman line-up is creating a halo effect over lower-end models in the same category and encouraging new users to try our phones," explains Miles Flint, President of Sony Ericsson.

"We enjoyed a record quarter due to a favourable product mix, and after celebrating Sony Ericsson's 5th Anniversary on October 1st the financial results we've announced today further illustrate how far the company has come in a short time. We have introduced a fresh approach to the communication of our brand, which aims to make it stand out in the marketplace, and we are confident that this will strengthen the Sony Ericsson brand further going forward," he added.

Average Selling Price (ASP) rose sequentially, due to a greater proportion of mid and high priced models in the product mix and the success of the K800 Cyber-shot phone during the quarter.

Sony Ericsson continues to forecast the 2006 global handset market as being above 950 million units. On this basis the company believes it has outperformed the growth rate in the market and gained over 1% point market share this quarter, to reach a global market share of approximately 8%.

16.10.2006

Source: Cellular-News

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