<! -- google_ad_section_start -->The combined financial summary for Sony Ericsson Cellular Communications AB (Sony Ericsson) for those second quarter ended 06 30, 2011 is the following:
Q2 2010
Q1 2011
Q2 2011
Nr about units shipped (millions)
11. 0
8. 1
7. 6
Average price tag (Euro)
160
141
156
Business (Euro m. )
1, 757
1, 145
1, 193
Low Margin (%)
28%
33%
31%
Working with Income (Euro m. )
thirty-eight
19
-37
Operating Perimeter (%)
2%
2%
-3%
Restructuring Cost (Euro m. )
-32
:
-
Operating Income excl. restructuring cost (Euro m. )
68
21
-37
Operating Margin excl. restructuring cost (%)
4%
2%
-3%
Source of income Before Taxes (IBT) (Euro l. )
31
15
-42
IBT excl. restructuring cost (Euro m. )
63
15
-42
Net gain (Euro m. )
12
11
-50
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Bert Nordberg, Director and CEO of Sony Ericsson left a comment, 鈥淪ony Ericsson鈥檚 second quarter profitability was subject to the March 11 earthquake on Japan. We estimate of the fact that impact of earthquake-related offer chain constraints on our portfolio was all over 1. 5 million gadgets, with most of the result in the early an area of the quarter. Our shift to Android-based mobile phones continues with smartphone sales accounting for beyond 70 percent of our total sales within the quarter. We have shipped around 16 million Xperia smartphones known. We have introduced six new Xperia smartphones this current year and we continue to check out strong consumer and operator demand throughout the Xperia smartphone portfolio. 鈥? Units shipped usually in the quarter were 7. 6 million dollars, a 31% decrease year-on-year along with 6% decrease sequentially, caused by a decrease in volume the result of constrained supply of important components and an anticipated decline in numerous feature phones shipped. Average price tag (ASP) for the one fourth was Euro 156, a fabulous 3% decrease year-on-year though an 11% increase sequentially. The year-on-year decrease as a result product and geographic blend and price erosion. The sequential increase in ASP is because of favorable product and geographic mix, more than offsetting value erosion and unfavorable currency exchange rates. Sales for a quarter were Euro 1, 193 million dollars, a 32% decrease year-on-year along with 4% increase sequentially. The gross margin percentage for those quarter was 31% using an improvement of 3 portion points year-on-year that integrated restructuring charges, and a loss of 2 percentage points belonging to the previous quarter, which included the luxury of some larger than normal items with regards to royalty matters and warranties estimates. Loss before taxes for those quarter was Euro 45 million, compared to an salary before taxes of Euro 31 million for your same quarter in the last year, due to reduced volume. Income before taxes for those previous quarter was Dollar 15 million. The sequential improve was reflective of reduced gross margin and bigger operating expenses. The quarter ended within the net loss of Pound 50 million, compared to a net gain of Euro 12 million inside the same quarter in the last year, and Euro 11 million within the last few quarter. Tax expenses in that quarter included the consequence of tax adjustments and also distribution of profits together with losses between various jurisdictions. Monetary from operating activities through quarter was negative Pound 224 million, mainly attributable to increases in accounts receivables as well as inventories, negative net salary and timing of specific payments. New external borrowings regarding Euro 165 million were made usually in the quarter to enhance liquidity and additionally growth, resulting in total borrowings in Euro 769 million afre the wedding of the quarter. Finish cash balances at 06 30, 2011 amounted to make sure you Euro 516 million. Sony Ericsson estimates that its share on the global Android-based smartphone market through quarter was approximately 11% for volume and 11% with value. Sony Ericsson maintains it has the forecast for modest industry growth in one payemnt units in the modern world handset market for 2011. The liquid identity is mostly a registered trademark of Sony Ericsson Phone Communications AB. Xperia鈩? /a> is mostly a trademark of Sony Ericsson Mobile phone Communications AB. Sony is mostly a registered trademark of Sony Firm. Ericsson is a recorded trademark of Telefonaktiebolaget LM Ericsson. Any rights not exclusively granted herein are reserved and foreclosures change without prior observe. <! -- google_ad_section_end -->
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Sat Oct 08, 2011 8:00 pm