hile BlackBerry maker Research in Motion has reported disappointing quarterly shipments.
"We believe the challenging market conditions will continue in the second half of the year," company president Bert Nordberg said in a conference call.
"However, we believe the smartphone sector of the market will grow more than 10 percent in volume this year and see good ... opportunity for Sony Ericsson to target this area of the market."
Nordberg said Sony Ericsson would broaden its smartphone portfolio in the second half of the year with cheaper offerings.
Greger Johansson, analyst at research firm Redeye
Cheap Basketball Uniforms per stroke.", said: "I think Sony Ericsson can continue with its positive momentum and raise volumes in the third and fourth quarters.
"They have the platform, with strong parents, to recover market share, but all their major competitors are focusing on the smartphone market."
TURN-ROUND SITUATION
Second-quarter pretax profit rose to 31 million euros ($39.7 million) versus a forecast 16.5 million in a Reuters poll. The company lost 283 million euros in the same quarter in 2009.
The improvement was partly due to success in newly launched smartphones, which pushed up the average selling price (ASP) to 160 euros against a forecast of 134 euros.
Erik Penser analyst Per Lindtorp said the report was strong. "At the same time
where are christian louboutin shoes made , Sony Ericsson is in a turn-around situation when things can change quickly," he said.
Sony Ericsson launched the Xperia X10 and Vivaz smartphones in the first quarter and the Xperia X10 mini; its Xperia X10 mini pro started shipping at the end of the second quarter.
Nordberg said new portfolio offerings had been well received by operators and the company was in a good position to grow.
Despite that, it stuck by a more cautious forecast than analysts and its competitors. "Sony Ericsson maintains a forecast of slight growth in units in the global handset market in 2010," it said in a statement.
Earlier this month, analysts forecast global handset sales volume would rise 11.6 percent this year, helped by increasing smartphone sales. In April
where are christian louboutin shoes made , growth was seen at 10.8 percent for 2010.
Nokia
where are christian louboutin shoes made , which reports second-quarter results on July 22, expects industry mobile device volume to be up approximately 10 percent in 2010 versus 2009.
(Editing by Samia Nakhoul and David Holmes)
Technology
New summer drinks in the United States and longer hours in Europe helped McDonald's Corp (MCD.N) sales beat Wall Street forecasts for July and lifted its shares to their highest ever.
McDonald's said global sales at restaurants open at least 13 months rose 7 percent in July, compared with analysts' expectations for an increase closer to 5 percent.
The strong sales show McDonald's is succeeding in reinventing its menu and image, winning new diners in a weak economy that has hurt rivals
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"Over the last several years, they've been very successful at improving the quality of their food," said Stifel Nicolaus & Co analyst