Sony Ericsson moves into the black

Oct 15 2003 - 01:08 PM ET | Sony Ericsson
sony_ericsson.jpgIt was back in July when we last mentioned Sony Ericsson's financial's--a bleak picture at best. However, things have turned around for Sony Ericsson. For the last quarter they posted a profit (first time the joint venture has ever posted a profit) of $72 million. Reported sales totaled $1.5 billion whith 7.1 million units sold. The P900 and Z600 should help fuel sales during the next quarter.