Quarterly Reports -- Engadget Mobile

quarterly reports posts

Sony Ericsson posts $299 million Q2 2009 loss, PlayStation-integrated phone (probably Aino) coming Q4

by Ross Miller posted Jul 16th 2009 @ 1:09PM

The good news, if you want to call it that, is that Sony Ericsson's most recent quarter loss is not as bad as its epic $382 million tab prior, and at this point there's no talk of further en masse job cuts. That said, this new report isn't exactly sunshine, and the Q2 results show a 213 million Euro ($299 million) net loss. Product shipments were around 13.8 million, down 43 percent compared with last year. Some blame is attributed to the focus on mid-tier feature phones in lieu of a greater smartphone push -- SE says it's working to correct that direction, but its higher end devices won't hit until fourth quarter. One interesting note is that one of those late-year handhelds is said to "integrate with PlayStation," but before you get excited over the oft-rumored PSP phone, we'd venture to say it's more likely that description's referencing the Remote Play-supporting Aino. From what we can tell, there's no indication of what's in the cards to improve Q3, so we won''t exactly be surprised if the story repeats itself three months from now.

Softbank's operating profit climbs 8.1%, isn't good enough

by Darren Murph posted Aug 6th 2008 @ 11:12PM

Seen exclusively, an 8.1% rise in operating profit is pretty remarkable. But when you consider that rival NTT DoCoMo just posted a 41% boost in profits... well, you get the point. Unsurprisingly, Softbank was able to increase its profits by reducing the amount of subsidies it applied to phones -- which obviously led to fewer new handset sales overall -- but analysts were still perturbed by the amount of discounts it did hand over. Reportedly, the street was expecting operating profits to top ¥86.1 billion ($805.7 million), but the outfit wound up missing the mark by a cool billion yen ($9.36 million). As for the iPhone 3G influence? Gotta wait 'til next quarter, bub.

[Via mocoNews]

Palm's 10-K filing reveals smaller acquisitions, reads like a mystery novel

by Darren Murph posted Jul 28th 2008 @ 7:27AM

So Palm, what exactly have you been up to lately? Besides pumping out that tired, ho hum 800w, of course. The snoopers over at monoNews went and dug through your latest 10-K filing, and it seems as if that noteworthy Elevation Partners deal wasn't the only agreement you were wrapped up in during the past little while. As a matter of fact, we're seeing that during February of 2007, you "acquired the assets of two sole proprietorships [at a cost of $19.2 million] focused on mobile computing and media devices, one a developer of user interface environments and the other a developer of email software applications." Oh, and in October of last year, you "acquired substantially all of the assets [for $500,000] of a corporation focused on developing solutions to enhance the performance of web applications." Curiously, you nonchalantly failed to mention any names, but it's pretty clear that those new pick-ups weren't utilized in the last 16 months or so.

[Via mocoNews, image courtesy of DayLife]