Ericsson suffers 63 per cent profit drop in Q2

Peter Gothard
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Nokia Siemens also drops 8 per cent globally

Ericsson has seen a 63 percent year-on-year profit dip in Q2 2012, seeing its profits plummet from SEK 3.2bn in 2011 to only SEK 1.2bn in just a year. Ericsson's woes have been echoed throughout the...

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