The quarterly results better than expected Sony Ericsson
Sony Ericsson Friday reported a second consecutive quarterly profit, while reaffirming its forecast for a slight increase in volumes of the global market for mobile phones this year.
The mobile manufacturer, owned jointly by Ericsson and Sony, posted pretax profit of 31 million euros in the second quarter against an average forecast of analysts of 16.5 million according to Reuters.
During the same period of 2009, the group had suffered a loss of 283 million euros.
"Sony Ericsson maintains its forecast of a slight increase in the global market in 2010," the company said in a statement.
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