Ericsson's acquisition of Marconi once again weighed down the world's largest infrastructure vendor's quarterly results. Yet the vendor was slightly ahead of analyst projections thanks to good performance from its handset joint venture with Sony. Ericsson reported net profits of $780 million in the second quarter, down 2 percent from the same period in 2005. The Marconi group recorded a loss of $24 million in the second quarter, but SonyEricsson almost doubled its net income.
For more about Ericsson's second-quarter results:
- read this report from EE Times