Sony Ericsson selling more phones for less money

Sony Ericsson says it sold 18% more phones in the fourth quarter of 2007 than in 2006, but its net profit fell by 17% due to higher operating costs. Even so, the profit figure was higher than expected by many analysts. The company sold over 100 million handsets in 2007. [Source: Sony Ericsson press release; News.com]