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> SE parent company Ericsson Q4 results
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Feb. 10 (Bloomberg) -- Ericsson AB, the world's biggest maker of mobile-phone networks, reported a fifth straight quarterly profit, helped by increased demand and cost cuts.
Fourth-quarter net income climbed to 6 billion Swedish kronor ($848 million), or 0.38 krona a share, from 142 million kronor, or 0.01 krona, a year earlier.
Sales rose 8.8 percent to 39.4 billion kronor
profit for the whole of 2004 --> 19 billion Swedish kronor (US$2.7B)
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Posted: 2005-02-10 08:11:08
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damn, ericsson really recovered after getting rid of their mobile division...
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Posted: 2005-02-10 09:16:00
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@judge. What would you have preferred to have happened?
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Posted: 2005-02-10 23:34:00
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its normal that ericsson recovers. and in time they'll get the money invested in SE back, and hopefully with extra's.
if we are lucky the board of ericsson could restart ericsson's home product line. alot of R&D and money was invested in that, but 0 product really hit the market because they were to advanced for there time, and to expencive. but now the market is ready.
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Posted: 2005-02-10 23:42:46
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Yes it is,Ericsson recover realy fast after a disaster.
Ericsson has very good 4e quarter result but............look at this
![]()
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Posted: 2005-02-10 23:42:51
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What is that picture of? I think SE might have to get itself fully established before it can think about bringing out a retro-range as that will be a niche product.
[ This Message was edited by: goldenface on 2005-02-11 00:59 ]
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Posted: 2005-02-11 01:55:00
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Quote:
On 2005-02-11 01:55:00, goldenface wrote:
What is that picture of?
'statistical report' I surmise here
!
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Posted: 2005-02-11 01:59:27
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Thanks, I will read it later in work.
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Posted: 2005-02-11 02:16:00
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Ericsson has a vry goog expectations but why the share price low? even it has a good 4e quarter i don't understand it?
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Posted: 2005-02-11 02:20:00
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I was just wondering what those labels were
SEK - is that
Kroner ?
USD - that is US Dollar I guess . . .
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Posted: 2005-02-11 02:24:31
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