Sony Ericsson’s first quarter net profit of $ 15,660,000 down 48% year on year

World mobile phone maker Sony Ericsson, 19, announced that its mobile phone sales the first quarter of this year, and sales have dropped significantly year on year, earnings plunged.
According to Sony’s earnings announcement the same day, in the first quarter, Sony Ericsson mobile phone sales reached only 8.1 million, less than 23% over the same period last year; sales of 11.45 billion euros (1.629 billion U.S. dollars), down 19%; net profit of 11 million euros (about $ 15,660,000), down 48%.
Belt Nude Berry, president of Sony Ericsson believes that the recent earthquake in Japan occurred in the production of Sony Ericsson mobile phones cause adverse effects.
Sony Ericsson expects the global mobile phone sales this year will only increase slightly over last year. Sony Ericsson said the first quarter of the supply of Sony Ericsson smart phones in the international market has reached 5% of the share, but sales of smartphones in the world market share of only 3%.
Sony Ericsson in 2001 by Japan’s Sony and Swedish Ericsson company jointly set up, each having a 50% stake.