Ericsson generates $8.4B in Q2 sales

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Ericsson (Nasdaq: ERIC) said it posted $8.4 billion in sales in the second quarter, which was flat compared to the same period last year. The company, which agreed earlier this year to buy Microsoft's (Nasdaq: MSFT) Mediaroom software business, posted $222 million in net income, up from $168 million last year. FierceWireless takes a closer look at the company's Q2 report. Read more