Financial measures of this Alliance
Sony Ericsson did not do financially well if net income is used as a basis for deciding whether the company passed its benchmark with flying colors. The net income for quarter 4, 2008 is a loss of 187 millions. The company also generated a net loss of 25 million for the third quarter of 2008. In addition, the net income for the fourth quarter of 2007 is a profit of 373 million. The annual net income of Sony Ericsson for 2007 is1,114 million. On the other hand, the net income for the year 2008 is a loss of 73 million. This clearly shows that there seems a decline in the demand for mobile phone during the year 2008 as compared to the prior year, 2007.
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