July 15, 2005 articles

Sony Ericsson Q2, profits down on low margins

Jul 15 2005 - 10:44 AM ET | Sony Ericsson
Low prices seem to be the complaint de facto of mobile phone manufacturers--Sony Ericcson said Q2 sales were up but profits were down. Earlier today Samsung announced that increased price pressure put a crimp on second quarter profits. Sony Ericsson's...

Samsung Q2 profits down, margins suffer

Jul 15 2005 - 03:05 AM ET | Samsung
Samsung has a disappointing second quarter thanks to lower margins on two of its biggest profit centers, LCDs and mobile phones. Year-on-year Samsung saw a 47% decrease in net-profit. Here are the numbers: * Profit of $1.62 billion * Revenue...