IPR Gains Mask Slowdown in Networks at Ericsson as Profits Slump
Overview:
Ericsson had a very good fourth quarter in purely revenue terms. Total revenue was up 21% YoY to $8.4 billion, its highest ever quarterly revenue, helped by favourable currency markets. However, organic growth of just 1%, boosted by a one-off IPR back-payment from Apple, masked a slowdown in the all-important RAN network business
This insight report provides an overview of Ericsson's 4Q 2022 quarterly results with detailed analyst comment and viewpoint.
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Author
Gareth Owen
Gareth has been a technology analyst for over 20 years and has compiled research reports and market share/forecast studies on a range of topics, including wireless technologies, AI & computing, automotive, smartphone hardware, sensors and semiconductors, digital broadcasting and satellite communications.
