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Looks like another great quarter for Sony Ericsson as they have managed to push profits for the third consecutive quarter (Q3) this year ending with a net income of 49 million euros thanks to the sales of its smart phones especially its Android range and its improvement in Operating Income.  This is also up a cool 37 million euros over 12 million euros profit they generated in Q2.

Sales were were down at 1.6 billion euros, missing estimates.of 1.82 billion euros but not low enough to affect income. Bert himself seemed quited satisfied with the result -

“Our third consecutive quarter of profitable results illustrates that Sony Ericsson’s overall performance is stabilising. Our strategy to focus on the smartphone segment is succeeding and smartphones now comprise more than 50% of our total sales. During the quarter, we launched our Android-based Xperia™ models in new markets, such as China and the U.S., and it is our ambition to become the global number one handset provider on the Android platform.”

Not bad Sony Ericsson, but I’m afraid you guys have a long way to go if you’ll want to be the “global number one handset provider on the Android platform” starting with rolling out the Eclair 2.1 Update sooner.

Source~

Sony Ericsson Official Q3 Report

Sony Ericsson Q3 Report – Bloomberg

Sony Ericsson Official Q2 Report

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