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	<title>StockPreacher &#187; ericsson</title>
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		<title>Ericsson&#8217;s sales down 6% in Q-3</title>
		<link>http://stockpreacher.com/2009/10/23/ericssons-sales-down-6-in-q-3/</link>
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		<pubDate>Fri, 23 Oct 2009 13:37:53 +0000</pubDate>
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		<category><![CDATA[ericsson]]></category>
		<category><![CDATA[exchange rates]]></category>
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		<description><![CDATA[The world&#8217;s leading telecom company, Ericsson, said Thursday its sales were down 6% to 46.4 billion Swedish crowns (US$6.74B) in the Q-3 Y 2009. Operating income excluding joint ventures and restructuring charges amounted to 5.5 billion Swedish crowns (US$799M), down 3% from a year earlier, Ericsson said in its report.  &#8220;Sequential sales decreased 11%, [...]]]></description>
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