Sony Ericsson has reported their earnings for Q4 2011, and anything but earnings they are. The company responsible for the Xperia line of Android phones took a loss of €247 million (~$317 million) for that period. The joint venture between Sony and Ericsson had its reasons for the poor showing, including everything from stiff competition to floods in Thailand. Ericsson, at least, has the solace of knowing Sony will soon put the company out of its misery when it takes complete control of the brand in February.
Android Phone, Sony Ericsson reports $317 million in losses for Q4 2011
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