To elaborate, last year Sony Ericsson sold 24.9 million handsets over those 3 months during 2007. Income from these sales fetched a healthy $3.1bn. This year, however. despite the sales figure of 24.4 million, over the past three months of 2008, bringing in €2.8bn, the profits have crashed because those sales have been focused on the budget and mid-price models, instead of the higher specification designs of the previous year.
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