InfoAnda - Sony Ericsson warning stuns ailing mobile sector

Pakistanis angry over detentions in Times Sq. case
Monday, May 24, 2010
ISLAMABAD – Relatives of three men detained by Pakistan for alleged links to the suspect in the attempted Times Square bombing say the men are innocent.
They

Taiwan denies boycotting Australian film festival
Thursday, August 6, 2009

AFP - Thursday, August 6TAIPEI (AFP) - - Taiwan's Beijing-friendly government on Wednesday denied boycotting an Australian film festival amid a row over the e

Merkel's support dips, regional ally resigns International
Thursday, September 3, 2009

By Sarah Marsh and Noah Barkin

BERLIN (Reuters) - Chancellor Angela Merkel suffered a double blow on Thursday as a senior party ally in east German

Minister seeks closure of anti-Berlusconi websites
Wednesday, December 16, 2009
ROME (AFP) - – The Italian government moved Tuesday to close down Internet sites encouraging further violence against Prime Minister Silvio Berlusconi, who

Asian markets mixed after Wall Street rally
Wednesday, March 18, 2009

By ELAINE KURTENBACH,AP Business Writer AP - Wednesday, March 18SHANGHAI - Asia's stock market rally seemed to be running out of steam Wednesday, despite an

Corruption seen at root of Iraq's lack of services | International | | 7 May 2009
US-TECH Summary | 12 November 2010
Pearl Jam, Beasties to headline Austin music fest | Entertainment | | 29 April 2009

Bare bottoms, zebras: the art of Sarkozy senior | 25 April 2010

Forum Views () Forum Replies ()

Read more with google mobile : Sony Ericsson warning stuns ailing mobile sector | Technology |

My Profile Top News Reuters top ten news stories delivered to your inbox each day. Subscribe You are here: Home > News > Technology > Article Home Business & Finance News U.S. Politics International Technology Internet Entertainment Sports Lifestyle Oddly Enough Environment Health Science Special Coverage Video Pictures Your View The Great Debate Blogs Weather Reader Feedback Do More With Reuters RSS Widgets Mobile Podcasts Newsletters Your View Make Reuters My Homepage Partner Services CareerBuilder Affiliate Network Professional Products Support (Customer Zone) Reuters Media Financial Products About Thomson Reuters Sony Ericsson warning stuns ailing mobile sector Fri Mar 20, 2009 10:17am EDT Email | Print | Share | Reprints | Single Page [-] Text [+] By Tarmo Virki, European technology correspondent HELSINKI (Reuters) - Sony Ericsson sparked fresh fear of crumbling consumer demand on Friday when the world's No 4 handset maker said it would sell barely half of the phones it sold last quarter. Shares across the wireless sector dropped sharply on the news -- compounded by smaller rival Palm's overnight report of slumping quarterly sales -- and by 1229 GMT (8:29 a.m. EDT), Ericsson was down 8.7 percent and Nokia was down 5.5 percent. Sony Ericsson said it expects to sell just 14 million phones in January-March, hit by weak demand and retailers cutting their inventories. Analysts polled by Reuters in January expected between 15.5 million to 21.8 million phones sold. "Investors are questioning the whole market now, even though I think the issue for Sony Ericsson is more company specific," said Jari Honko, analyst with eQ Bank. Overnight, U.S. rival Palm Inc reported a widening loss for the December-February quarter and said revenue sank 70 percent from a year ago. The cellphone industry has entered its toughest year ever as consumers rein in spending and retailers try to clear inventories of unsold phones after bleak Christmas sales. "The market, overall, continues to be very challenging," said Gartner analyst Carolina Milanesi. Fears over the future of the mobile market also sent shares in chipmakers sharply lower, with Infineon down 6.6 percent and STMicro 5 percent lower. VERY WEAK QUARTER Sony Ericsson said it expected to make a pretax loss of 340-390 million euros ($459 million-$526 million) in the quarter as it heads into a second year of losses. "It's a real catastrophe. Those are very big losses and they are probably losing a lot of market share," said Greger Johansson, from analyst firm Redeye. "It's obvious that the volumes are much lower than the market had thought. And first and foremost, the losses are much, much bigger," he said. Sony Ericsson, the no. 4 global handset maker after Nokia, Samsung and LG, said it expects gross margins to decline both year-on-year and sequentially. "What is happening now is that everyone will be forced to cut their forecasts for Sony Ericsson and Ericsson," said analyst Hakan Wranne from Swedbank. Ben Wood, head of research at CCS Insight said Sony Ericsson was suffering most from the weak portfolio and the challenging market conditions it faces in European markets. Continued... View article on single page Share: Del.icio.us Digg Mixx Yahoo! Facebook LinkedIn Next Article: UK team builds robot fish to detect pollution also on reuters Blog: Android co-founder in Google Ventures? Video Video: Drink coffee, charge battery Slideshow Slideshow: Protests over the economy are spreading More Technology News UK team builds robot fish to detect pollution IBM talks with Sun Micro not just about servers Online travel agencies duke it out for bookings Palm says Pre on track as revenue plummets iTunes offers feature films in HD More Technology News... Related News Qualcomm upbeat on smartphone market 8:34am EDT Chinese firms, Ericsson dangling cash for deals 10:17am EDT FACTBOX - Telecom operators cost-cutting hits gear makers 10:17am EDT Editor's Choice Slideshow A selection of our best photos from the past 24 hours. Slideshow Most Popular on Reuters Articles Video U.N. panel says world should ditch dollar | Video INSTANT VIEW: Reaction to Obama's "new beginning" offer to Iran China's last eunuch spills sex secrets Liam Neeson puts next career steps on hold California "tent city" for homeless to be closed Maggots no wonder cure for festering wounds FOREX-Dollar steadies, eyes steepest weekly fall in 24 years California prison releases Charles Manson picture Obama offers new start, Iran wants action not talk | Video $750 billion "green" investment could revive economy: U.N. Most Popular Articles RSS Feed Video French workers strike over economy Selling a recovery Natasha Richardson mourned Six years after the invasion Natasha Richardson dies Natasha Richardson dies after fall Ring of Fire volcano blows Austria reacts to Fritzl verdict Housing complex hoovers up trash Ditch the dollar? Most Popular Videos RSS Feed column Have high-powered computers saved Sun? Eric Auchard Sun Microsystems Inc, the darling of the dot-com boom, never really recovered from the bet it made on high-powered computers used to run the first generation of Internet datacenters. Commentary Reuters Deals The global destination for corporate leaders, deal-makers and innovators Knowledge to Act Reuters.com: Help and Contact Us | Advertise With Us | Mobile | Newsletters | RSS | Interactive TV | Labs | Reuters in Second Life | Archive | Site Index | Video Index Thomson Reuters Corporate: Copyright | Disclaimer | Privacy | Professional Products | Professional Products Support | About Thomson Reuters | Careers International Editions: Africa | Arabic | Argentina | Brazil | Canada | China | France | Germany | India | Italy | Japan | Latin America | Mexico | Russia | Spain | United Kingdom | United States Thomson Reuters is the world's largest international multimedia news agency, providing investing news, world news, business news, technology news, headline news, small business news, news alerts, personal finance, stock market, and mutual funds information available on Reuters.com, video, mobile, and interactive television platforms. Thomson Reuters journalists are subject to an Editorial Handbook which requires fair presentation and disclosure of relevant interests. NYSE and AMEX quotes delayed by at least 20 minutes. Nasdaq delayed by at least 15 minutes. For a complete list of exchanges and delays, please click here.

Other News on Friday, 20 March 2009
U.N. rights envoy sees Israeli war crimes in Gaza | International |
U.S. commanders say ready for North Korea missile | International |
Israeli ex-president Katsav indicted for rape | International |
British defense minister blasts NATO over force | International |
Southern African states reject new Madagascar leader | International |
Microsoft releases Internet Explorer 8 | Technology |
Samsung launches movies to mobiles service | Technology |
Microsoft's Ballmer hopes for Yahoo talks | Technology |
Companies want no set Internet speeds in stimulus | Technology |
Just a Minute With: Amy Adams for Sunshine Cleaning | Entertainment |
UN envoy says donor aid is fragmenting Afghanistan
U.N. says fears of unfair Afghan poll well-founded | International |
As Iraq war enters 7th year, focus on politics
Brazil's top court backs indigenous rights
Nine schoolgirls drown in Syrian lake
Ecuador army plane hits buildings, six dead | International |
EU leaders reject economic plans, new cash likely
Rights groups: Iranian blogger dies in prison
U.S. commanders say ready for N.Korea missile | International |
EU leaders open summit on economic crisis
Israel vows to improve minority, prisoner rights
Dissidents a turn-off for Northern Ireland's young | International |
Global warming greatest threat to polar bears
Israeli ex-president Katsav indicted for rape
Israel's Netanyahu seeks more time to form government | International |
US House passes 90 pct tax on bailout bonuses
Iraq sees first Western tour group since Saddam fell
South Pacific quake causes tsunami, no damage | International |
Amazon Indian infanticide video said inciting hate | International |
Iranian satellite completes mission
Global warming greatest threat to polar bears
Palm says Pre on track as revenue plummets | Technology |
US House passes 90 pct tax on bailout bonuses
IBM talks with Sun Micro not just about servers | Technology |
US bailout auditor probes Treasury over AIG bonuses
Online travel agencies duke it out for bookings | Technology |
U.S. video game sales up 10 percent in February
iTunes offers feature films in HD | Technology |
Commanders: US ready for any North Korean missile
TheStreet cuts 18 jobs
US court postpones Madoff bail decision
U.S. video game sales up 10 percent in February | Technology |
US commanders say US ready for any NKorean missile
Time offering 'customized' experimental magazine
Users give thumbs down to Facebook redesign
IBM talks with Sun Micro not just about servers
Million French workers march against Sarkozy
Samsung launches movies to mobiles service
Swiss-German tax row turns ugly with 'Nazi' jibes
Companies want no set Internet speeds in stimulus
Microsoft releases IE8, new Web browser
Google "Street View" launches in UK
Fujitsu launches world's first colour e-book
Samsung launches movies to mobiles service
Google opens ebook library to Sony Reader
First Family's dog coming soon, Obama tells Leno | Entertainment |
Major Pacific earthquake prompts tsunami warning
NKorea reportedly detains 2 US journalists
Three star-powered films prep for box-office battle | Entertainment |
Myanmar imprisons activist lawyer for 4 years
Australian FM to visit China for security talks
Elle Macpherson gets Beautiful for CW | Entertainment |
US-China policy group calls for mutual respect
New Star Trek movie cast boldly goes to Australia | Entertainment |
iTunes offers feature films in HD | Entertainment |
US admiral condemns China's 'aggressive' actions
Affleck, Costner to star in recession-themed flick
Flo Rida retains top spot on U.S. singles chart | Entertainment |
South Africa make Australia struggle
LA police cite Rihanna's driver: no front plate
2 US journalists detained in NKorea
Vietnamese boy, 3, dies of bird flu: doctor
Malaysian party faces revolt over graft: Mahathir
S.Korea banks see forex liquidity improving -BOK
Acting world pays tribute to Richardson
Japanese markets closed Friday for holiday
Big Boi, readying a solo album, drops into SXSW
Seoul shares rise led by shipbuilding, crude issues
Three star-powered films prep for box-office battle
Japan mulls $15 bln jobs package amid wage freeze
First lady tells students to aim their goals high
China retains WTO option in trade disputes with India
Former "Soul Train" host gets probation
HSBC Taiwan to hire 200 staff this year
Correction: 'American Idol' story
Talks to bring iPhone to China 'ongoing'
Affleck, Costner to star in recession-themed flick
Sony to freeze salary amid global downturn
Flo Rida retains top spot on U.S. singles chart
India's key inflation gauge eases to 0.4 percent
LA police cite Rihanna's driver: no front plate
Pakistan's forex reserves rise to $10.16 bln
Reactions to Natasha Richardson's death
Forty militants killed in Afghanistan: officials
Obama offers new start with Iran | International |
Israel's PM-designate seeks more time to form govt
U.N. says fears of unfair Afghan poll well-founded | International |
EU agrees new IMF loans, eastern aid top-up | International |
40 militants killed in Afghanistan: officials
OECD expects world economy to shrink in 2009
Taliban chief Omar not in Pakistan's Baluchistan | International |
Obama reaches out to Iran with video message
China, India can't stop world contraction: OECD
Netanyahu, seeking consensus, gets extension on government | International |
Israel to probe reported abuse by soldiers in Gaza
Jordan and Syria discuss Arab rapprochement | International |
AP IMPACT: Many Iraqis held by US to go free
Ex-enemy Croatia pledges support for Serbia EU bid | International |
African Union suspends Madagascar over coup | International |
North Korea says to reopen hotline to South | International |
Deported former Nazi guard a free man in Austria | International |
New head of NOAA says science will guide policy
Senate confirms scientific research positions
Obama in surprise message to Iran
Afghan leader Karzai says more U.S. forces "too late"
TomTom sues Microsoft on patent infringement
Online travel agencies duke it out for bookings
Sony Ericsson warning stuns ailing mobile sector | Technology |
UK team builds robot fish to detect pollution | Technology |
Xerox warns of profit shortfall; shares plummet | Technology |
China says WTO report mostly rejects U.S. piracy case | Technology |
TomTom sues Microsoft on patent infringement | Technology |
Taiwan leader: No joint representation with China
Thai government faces no-confidence debate
Islamic party support drop in Indonesia vote: poll
Film stirs politics ahead of Indian general polls
Report: Chinese soldier shot in southwestern China
NKorea parliament to meet a day after rocket test
34 militants killed in clashes in Afghanistan
Thai foreign minister under attack
Baranski, Noth join cast of "Good Wife" pilot
Sri Lanka tops find abandoned rebel naval base
Shanghai Expo official: US would regret absence
iTunes offers feature films in HD
Garrison guard shot dead in China: state media
China's key index rises 7.2 percent for the week
Siemens wins Chinese train contract
Taiwan official: Planned trade pact good for China
Taiwan dlr at 1-mth high on U.S. woes, c.bank curbs
Blacklisted actress Betsy Blair dies in London
OECD head endorses China push for bigger IMF role
Unemployed? Then join the club -- literally
Tajikistan secures $40 million aid package
Film stirs politics ahead of Indian general polls
Kuwait cancels refinery deals: SKorean firms
Asia exhibit spotlights designer Lacroix's costumes
Malaysia auto sales plunge 4.8 percent
Baranski, Noth join cast of "Good Wife" pilot
Myanmar's foreign trade rose 16 percent last year
iTunes offers feature films in HD
New "Star Trek" movie cast boldly goes to Australia
Elle Macpherson gets "Beautiful" for CW
Autopsy: Richardson died from bleeding in brain
First Family's dog coming soon, Obama tells Leno
Greece at new risk of being pushed off euro
Bodies of missing Tenn. mom, Jo Ann Bain, and daughter found
Female Breasts Are Bigger Than Ever
AMD Trinity Accelerated Processing Units Now in Volume Production
The Avengers (2012 film), made the second biggest opening- and single-day gross of all-time
AMD to Start Production of piledriver
Ivy Bridge Quad-Core, Four-Thread Desktop CPUs
Islamists Protest Lady Gaga's Concert in Indonesia
Japan Successfully Broadcasts an 8K Signal Over the Air
ECB boosts loans to 1 trillion Euro to stop credit crunch
Egypt : Mohammed Morsi won with 52 percent
What do you call 100,000 Frenchmen with their hands up
AMD Launches AMD Embedded R-Series APU Platform
Fed Should not Ignore Emerging Market Crisis
Fed casts shadow over India, emerging markets
Why are Chinese tourists so rude? A few insights

USD EUR - 1 year graph		BlogMeter 1.01