Mobile phone maker Sony Ericsson posted higher-than-expected earnings today.
The company said it made a pretax profit of €384 million versus €327 million in the second quarter and €427 million a year earlier. Analysts had expected third-quarter pretax profit of €358 million.
The company had sales of €3.11 billion versus a forecast of €3.29 billion.
Sony Ericsson said the average selling price of its mobile phones, a key indicator for the firm's profitability, declined to €120, however, down from €125 in the second quarter and from €147 a year earlier.