Sony Ericsson's been trying to dig itself out of a revenue and market share slide that had developed over the course of many quarters prior to 2010, and its third quarter results suggest that there's still plenty of work to be done. The good news is that the joint venture is profitable, turning in €49 million ($69 million) worth of net income on sales of €1.603 billion ($2.26 billion) -- but the bad news is that shipped units fell both year-over-year and also versus the quarter prior: 10.4 million versus 14.1 million and 11 million, respectively. CEO Bert Nordberg mentioned on the call that the company would eventually adopt Windows Phone 7, a fact that isn't terribly surprising considering they had been announced by Microsoft as a platform partner earlier this year. It'll be interesting to see how that Timescape implementation turns out, won't it?

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Sony Ericsson posts lower numbers in Q3 but stays profitable, says Windows Phone 7 is in the works