Sony Ericsson is planning to cut nearly 2,000 jobs due to poor sales. Sales have reportly fallen from 3.11 billion to 2.82 billion. Net profits have fallen to 97% according to the Q2 report :!:
- Their mid range phones have not sold too well.
- Their high-end phones are poor to what the market is currently offering.
- Clearly, a lack of innovation.
- They completely lack WOW-factor phones like iPhone, Nokia N95 and Nokia E90
- Sony Ericsson X1is still to be launched.