STOCKHOLM ( TheStreet) -- Sony Ericsson, the mobile phone maker, swung to a second-quarter profit of €12 million ($15.5 million) from a year-earlier loss of €213 million as sales rose. The report is the second consecutive quarterly profit for the Ericsson ( ERIC) and Sony ( SNE) joint venture since the second quarter of 2008, according to the Associated Press. Sony Ericsson said second-quarter revenue rose 4% to €1.76 billion from €1.68 billion last year. The company shipped 11 million units in the quarter, down from 13.8 million units a year earlier. It shipped 10.5 million units in the first quarter. "Our second-quarter results show that the company continued the momentum seen in the first quarter as a result of our focus on the value market and the success of new smartphones; XperiaX10 and Vivaz, launched during the first quarter," said Bert Nordberg, Sony Ericsson president, in a statement. The company, he said, is "positioned for long-term growth." Sony Ericsson said its base market share in the second quarter remained flat and is estimated to be around 4%. The company maintains a forecast of slight growth in units in the global handset market in 2010. -- Reported by Joseph Woelfel in New York. Get more stock ideas and investing advice on our sister site, Stockpickr.com.