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Ericsson Profits Plummet 92%
Monday, January 25, 2010 - 5:30am | 164Read More...Ericsson AB (Nasdaq: ERIC) reported a 92% drop in its 4th quarter profits as sales declined for the third quarter in a row. Net income for the three months to Dec. 31 fell to 314 million kronor ($43 million) from 3.89 billion kronor. Sales were down 13% to 58.3 billion kronor The lower sales and...
