Ericsson CEO on 3Q Earnings, Macro Outlook

The transcript covers Ericsson's quarterly performance, highlighting a 3% organic sales growth despite disappointing profits. It discusses the impact of patent revenue fluctuations and cost pressures due to geopolitical investments. The ongoing patent dispute with Apple is addressed, emphasizing Ericsson's strong 5G patent portfolio. Inflation's effect on capital expenditure is noted, with North American operators reducing CapEx in 2023. The potential of open radio access networks is explored, with Ericsson contributing to open RAN standards. Finally, the transcript touches on legal issues, including an SEC investigation into Ericsson's Iraq operations.

What was the organic sales growth percentage for Ericsson in the discussed quarter?

• 3%

• 2%

• 4%

• 5%

What is one of the reasons for the decrease in Ericsson's patent revenues?

• Technological obsolescence

• Loss of patents

• Delayed license agreements

• Increased competition

How many patents does Ericsson have in its portfolio?

• 60,000

• 55,000

• 65,000

• 50,000

What is Ericsson's strategy to handle the potential slowdown in capital expenditure by North American operators?

• Cutting down on R&D

• Investing in technology leadership

• Reducing workforce

• Expanding into new markets

What is the potential impact of Open Radio Access Network on Ericsson's business?

• It poses a threat to Ericsson's core business

• It will have no impact

• It will replace 5G technology

• It will only affect Ericsson's software division

What is Ericsson's involvement in the Open RAN standards?

• Ericsson is a minor contributor

• Ericsson opposes Open RAN

• Ericsson is a leading contributor

• Ericsson is not involved

What is Ericsson's approach to the ongoing SEC investigation?

• Ignore the investigation

• Seek legal immunity

• Cooperate fully with US authorities

• Deny all allegations