Ericsson Earnings Preview: Top Line Improvement May Be Offset By Lack Of Patent Income

Wxpect its performance in North America to improve somewhat with demand from U.S. carriers getting better. Additionally, the strengthening dollar and strong growth in Asia and Africa are likely to complement the company's top line growth. Its bottom line is likely to benefit from savings under its ongoing cost and efficiency program. However, Ericsson's restructuring efforts and the absence of licensing revenues from Apple may overshadow its incremental savings. This is evident from the fact tha...