Sony Ericsson reports 28% increase in earnings

Sony Ericsson reports 28% increase in earnings

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While some companies are sinking, Sony Ericsson Mobile Communications is pushing on strong. In their fourth quarter report of 2004, Sony and Ericsson reported a company profit of 55 million euros, a 28 percent increase compared to the same period last year. Their year end net earnings closed at 316 million euros.

The number of handsets shipped also increased steadily, SE sent out 42.3 million handsets in 2004 as compared to 27.2 million in 2003.

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