Sony Ericsson reported its third-quarter results on Friday and while several figures suggest the company is on the upswing quarter-over-quarter, its net income and shipments were still down compared to the same quarter in 2010. The company shipped 9.5 million devices during the quarter, up 33% from the 7.6 million it shipped last quarter but down from the 10.4 million it shipped during the third quarter last year. It attributed the decline to fewer feature phone shipments as the company continues to pivot its focus to smartphones. Sony Ericsson’s Xperia family of devices accounted for more than 80% of its sales and 22 million such devices have shipped to date. ”We will continue to invest in the smartphone market, shifting the entire portfolio to smartphones during 2012,” Sony Ericsson president and CEO Bert Nordberg said. Net income for the quarter fell €49 million from the third quarter of 2010, but increased €50 million from the second quarter. Read on for the full press release from Sony Ericsson. More →
Sony Ericsson’s CEO Bert Nordberg recently sat down for an interview with The Wall Street Journal during which he said his company “should have taken the iPhone more seriously when it arrived in 2007.” Norgberg reiterated Sony Ericsson’s intentions to dissolve its feature phone business by the middle of next year as it focuses more on building out Android and broadening its U.S. portfolio. “By now, some 70% of our sales stem from smartphones and some time in the middle of next year, I estimate that we will be a complete smartphone company,” he said. Read on for more More →
Early Monday morning, Google announced that it will acquire Motorola for $12.5 billion. Google CEO Larry Page explained the acquisition will help bolster the tech giant’s patent portfolio and that his company will continue to “work with all [of its partners] to deliver outstanding user experiences.” While it may seem that Motorola will now have the upper hand in creating Android smartphones, execs from Samsung, Sony Ericsson, HTC, and LG have all issued statements in support of the acquisition. “We welcome today’s news, which demonstrates Google’s deep commitment to defending Android, its partners, and the ecosystem,” J.K. Shin, president of Samsung’s Mobile Communications division said. “I welcome Google’s commitment to defending Android and its partners,” Sony Ericsson president and CEO Bert Nordberg said. “We welcome the news of today’s acquisition, which demonstrates that Google is deeply committed to defending Android, its partners, and the entire ecosystem,” HTC’s CEO Peter Chou added. “We welcome Google’s commitment to defending Android and its partners,” LG’s president and CEO Jong-Seok Park said. The deal should certainly help Google defend Motorola, Samsung and HTC in their ongoing patent battles with Apple and other companies, though it remains to be seen how the acquisition might affect the Android ecosystem in the long run.