Ericsson net rise aided by Asia

Article Abstract:

Second-quarter net profit for Sweden's Telefonaktiebolaget LM Ericsson rose by 12% to reach $964.1 mil, due in part to emerging Asian markets, and revenue rose by 6.4%. However, US depositary shares showed a 5.4% drop of $2.25 to reach $39.84.

Author: Thomas, Daniel
Radio & TV communications equipment, Securities issued, listed, Securities, Cellular telephone equipment industry, Telefonaktiebolaget LM Ericsson, Company securities, Financial report

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Sony Ericsson's profit soars as sales jump 15%

Article Abstract:

Sony Ericsson Mobile Communications AB of Sweden posted net profit of 144 million Euros ($174.3 million). Sales were up 15 percent to 2.31 billion Euros. Strong earnings were driven by the sales of Walkman music phones.

Author: Hansson, Magnus
Telephone and telegraph apparatus, Sweden, Telecommunications equipment industry, Company Profile, Sony Ericsson Mobile Communications AB

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Subjects list: Sweden, Company sales and earnings, Company earnings/profit
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