NJ5 on 24 January 2010
| gurglesletch said: Quote from NJ5: Why they're losing money, probably has a lot to do with the recession and high competition from Apple. Sony Ericsson has much less market share than it used to. What Recession? The US hasn't been in a recession for a while. |
Recession is not just about GDP growth... GDP has recovered somewhat, due to massive government spending.
Consumer spending, on the other hand, is still down, which is what matters for things like phones. I don't think the US government spent much of its stimulus money on buying phones.
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