Sony Ericsson says first quarter sales down 50%, $500m loss expected

Things just aren't going well for Sony Ericsson at the moment: hot on the heels of rumors that Ericsson might be looking to split out, the partnership's cautioning investors that first quarter sales are down some 50 percent. That translates to a loss of between €340 and €390 million, which we're guessing will translate to somewhere around $500 million -- sadly even worse than last quarter, when the outfit lost $247 million. SE blames the poor showing on "weak consumer demand," but we'd say it has more to do with a lineup of phones that always seem to be too little, too late -- let's hope those planned Android phones make an appearance soon.

[(Unverified) Posted Mar 20th 2009 8:05PM]

Sony,

Get out while you can... Save yourself...

-M.

[(Unverified) Posted Mar 21st 2009 6:23AM]

Android sunks this ship...

[(Unverified) Posted Mar 24th 2009 3:28PM]

i used to be a big SE fan and presently use one of their music phones. im in the market for a new phone right now and im not even considering anything from SE. sadly they dont have anything in their lineup than can compete with i-phone or blackberry. i was eagerly anticipating the X1 and even that turned out to be a flop....no way worth the $700 they want for it. now we're waiting for the idou....its just one letdown after another. looks like SE is going the way of motorola and its just gonna be a 2 horse race here in the USA.