Saturday, 16 July 2011

Sony Ericsson takes $71m loss due to quake, shrinks to 7.6m

Sony Ericsson on Friday at least temporarily returned to a decline after it posted a loss of 50 million euros ($70.7 million) for the spring. It blamed the Tohoku-area Japanese earthquake for disrupting supply and preventing it from shipping almost 1.5 million phones. Most of the impact was early on in the spring, but the company has had to recover and ended up dropping its shipments from 8.1 million phones to 7.6 million where it would have climbed back up....

Source: http://feeds.macnn.com/click.phdo?i=74305873f812c9e71aaa1f8302ca8e8a

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