Sony disappoints with Q2 earnings

By on July 16, 2011
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Blames Japanese disasters for low numbers.

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Just when many had hopes on the new devices Sony Ericsson launched to boost the company to a formidale position against its competitors disappointment hit with the latest Q2 earnings.
The results show that Sony Ericsson, in the second quarter of 2011 lost $70.5 million. In the same quarter of last year, they gained 17.5 billion. They also shipped 7.6 million devices (Tiny when you compare it to Samsung’s Galaxy S2 selling 3 million in 55 days) and had an overall revenue of $1.7 billion. This too disappointed as, Phandroid reports that in the same quarter of last year they netted $2.5 billion in revenue
Only time will tell if the company will be able to pull off a comeback on the back of a recovering Japan to pull off better Q3 results.

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Humourist, news-junkie, bassist, petrol-head and techie. Best when caffeinated. Seasoned collector of lame puns and professional grumpy old man. Follow him on twitter: @nabilfahim

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