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VIEW EVENT INFORMATION: Sony |
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Oops – Sony Ericsson Swings To A 207 Million Euro Net Loss In Q4 2011 |
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About the organization Sony: Type: Business Sub-Types: Computer, Computer Hardware, Electronics, Electronics Hardware, Telecommunication, Telecommunication Hardware |
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Notable Organizations: Sony, Techcrunch |
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Smartphone maker Sony Ericsson this morning posted a pre-tax loss of 247 million euros ($318 million) in the fourth quarter of 2011, after reporting a profit of 31 million euros in Q3 2011. The company, a 50:50 joint-venture between Sony and Ericsson, blames “intense competition”, “price erosion” and effects from the flooding in Thailand as some of the main drivers for… |
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