Latest in Earnings

Image credit:

Sony Ericsson posts second consecutive profitable quarter

Chris Ziegler

Sony Ericsson managed to keep the good times rolling in the second quarter of 2010, posting its second consecutive razor-thin net profit -- this time of €12 million (about $15.6 million) on sales of €1.757 billion ($2.284 billion). In its earnings report, the company specifically calls out the Xperia X10 and the Vivaz -- yes, the Vivaz of all things -- as devices that helped propel it into the black over the past three months, going on to say that the X10 mini and mini pro have now positioned it for "long term growth." Of course, in an industry where fortunes can turn from week to week and from product to product, these guys certainly can't declare victory just yet.

From around the web

ear iconeye icontext filevr