Earlier today, mobile giant Sony Ericsson posted their third quarter financials via a conference call. The handset maker managed to eek out a third consecutive quarter of profits; bringing in $69 million in net income on sales of $2.26 billion. It’s not all sunshine in Japan/Sweden. The volume of handsets being shipped by SE did dip significantly. Chief Executive, Bert Nordberg, had the following to say: “Our strategy to focus on the smartphone segment is succeeding and smartphones now comprise more than 50% of our total sales. During the quarter, we launched our Android-based Xperia models in new markets, such as China and the U.S.”

Sony Ericcson has been — unsuccessfully — playing market share catch up over the past few months, but having named themselves as a partner for Window Mobile 7… it’s still game on.

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