Ben
28th January 2010, 03:16 PM
"Nokia had a pretty decent fourth quarter and is showing the first signs that savage cost-cutting and redundancies might just be working.
Sales were down four per cent to 12bn and operating profit jumped 132 per cent to 1.1bn.
The Finnish firm sold 126.9m mobile devices, up 12 per cent on last year which gave it a 39 per cent share of the global market.
Sales by division were 8.2bn for devices and services, 3.6bn from Nokia Siemens Networks and 225m from NAVTEQ.
The company has been hammered over the last year by Apple, RIM and Samsung - firms that were either minor players or non-existent in Nokia's heyday."
http://www.theregister.co.uk/2010/01/28/nokia_results_cheer/
Nokia the corporate megamonster is, it appears, healthy. Lets hope that's reflected in coming products, I think the majority of people would agree with me that, currently, Nokia's best days are behind it.
Sales were down four per cent to 12bn and operating profit jumped 132 per cent to 1.1bn.
The Finnish firm sold 126.9m mobile devices, up 12 per cent on last year which gave it a 39 per cent share of the global market.
Sales by division were 8.2bn for devices and services, 3.6bn from Nokia Siemens Networks and 225m from NAVTEQ.
The company has been hammered over the last year by Apple, RIM and Samsung - firms that were either minor players or non-existent in Nokia's heyday."
http://www.theregister.co.uk/2010/01/28/nokia_results_cheer/
Nokia the corporate megamonster is, it appears, healthy. Lets hope that's reflected in coming products, I think the majority of people would agree with me that, currently, Nokia's best days are behind it.