Sony Ericsson has a better fourth quarter

The Ericsson mobile company Sony Ericsson gave a better performance in its fourth quarter than the forecasts made by the company and the market share of the company has increase in the last quarter of the financial year for the mobile division of Sony Corp.

The company made a total of 501 million euros as compared to 384 million in the third quarter. The average sales price of the mobiles rose from 120 euros to 123 euros in the third financial quarter and in the fourth quarter the price is expected to be at 121 euros.