Wednesday, July 11, 2007

UPDATE 2-Sony Ericsson Q2 sales up, profit below consensus

(Reuters) - NEW YORK, July 11 - Sony Ericsson, the world's
fourth-biggest mobile phone maker, posted higher second-quarter
sales on Wednesday but its profit and its average phone sale
prices were below analysts' estimates.




The cellphone venture of Sweden's Ericsson and
Japan's Sony Corp. , known for higher-end music
phones based on its Walkman brand, said it gained market share in
the quarter by selling lower-priced phones that widened its
potential customer base.


Read more at Reuters.com Market News

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