[Reuters] Ericsson profit miss sours hopes of quick turnaround

Posted by: UGN Security

[Reuters] Ericsson profit miss sours hopes of quick turnaround - 07/18/13 06:25 AM

STOCKHOLM (Reuters) - World No. 1 mobile network gear maker Ericsson posted second quarter operating profit well below expectations on Thursday, bruising hopes of a quick recovery at its core network unit.