Ericsson revenue falls 6% as component costs bite and licensing income dries up
Ericsson booked SEK 52.7bn of revenue in the second quarter, down 6% from SEK 56.1bn a year earlier, as weaker patent licensing income and currency movements outweighed growth in a handful of regional markets. The Swedish equipment maker published the figures on Tuesday morning. Profit, however, went the other way. Adjusted operating profit came in at SEK […]<br /> This story continues at The Next Web [...]
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