Sony Ericsson posted quarterly results that show it continues to gain market share against some competitors but is doing so at the expense of its bottom line. The fourth-largest handset maker posted its first year-over-year profit drop in two years, saying third quarter net earnings fell 10 percent to about $379 million. Revenue was up 6.7 percent to about $4.4 billion.
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[Source: Yahoo! News Search Results for sony ericsson]