Ericsson shares fall again

Ericsson shares fall again


Fourth quarter earnings could come in at the lower end of expectations, warns company

Mobile handset giant Ericsson shares fell 11 per cent yesterday (Tuesday) after fears that fourth quarter earnings would come in at the lower end of expectations.

The nervousness was prompted by comments at an investors conference in New York.

Last month Ericsson issued a profit warning that lead to the loss of a quarter of its market capital.