Sony Ericsson beats forecasts

Jari Honko, analyst at EQ Bank, said the news was supportive for co-parent Ericsson's share price. "The wider market is very very weak, but this report is still good news for Ericsson. It looks good, the company has developed well. Sales volume was a bit soft."

Ericsson shares were down 0.86 percent at 14.91 at 0817 GMT, with the wider Swedish stock market .OMXS30 down 2 percent at 952.77.

(Editing by Paul Bolding/Rory Channing; additional reporting by Tarmo Virki in Helsinki)