Sony Ericsson announces Q4 results with a loss
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Sony Ericsson announces Q4 results with a loss
Sony Ericsson announces Q4 results with a loss

Sony Ericsson sold 14.6 million phones in the fourth quarter of 2009. Here's couple of highlights.
Q4 Highlights:
- Improved quarterly financial results reflected success of refreshed portfolio
- Transformation programme bearing fruit and to continue
- Announced first Android-based phone, the XPERIATM X10
"We will continue to focus on returning the company to profitability by establishing Sony Ericsson as the communication entertainment brand based on an exciting portfolio of mid- and high-end products, such as our recently announced Android-based phone, the XPERIA X10. 2010 will still be challenging as the full benefit of cost improvements will not impact results until the second half of the year, however we are confident that our business is on the right track," declared Sony Ericsson's president Bert Nordberg.
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