Leave a Comment

Nokia's Sales, Profit and Market Share Drop
APH Networks — ... expected. The economy has continued to worsen, and that has affected the mobile industry, according to Nokia. Nokia is still making money, but a lot less than it did a year ago. The company reported a net profit at €576 million, compared to €1.8 billion a year earlier. The company sold 113.1 million phones during the fourth quarter, 15 percent fewer than it sold a year earlier, and also lower than the 117.8 million it sold during the third quarter. View: Article @ Source Site ...

Nokia fourth-quarter sales down 19 percent
DV Hardware — ... sales to be flat quarter on quarter rather than down," said Carolina Milanesi, research director at Gartner, via e-mail. The drop in volume reflects not only the current economic climate but also Nokia's relative weakness in high-end phones for markets such as Western Europe, according to Milanesi. Nokia now estimates its market share at 37 percent, down from 38 percent in the third quarter and 40 percent in the fourth quarter of 2007. More info at PC World. Nokia fourth-quarter sales down 19 percent - More ...

Nokia's New Sleeper Cell Phones
Today @ PC World — [image] Nokia today announced three attractive new phones--and they couldn't be more boring. While most phone makers are trying to wow consumers with yet another iPhone killer or some super trendy device based on Google's Android platform, Nokia is launching middle-of-the-pack phones with features we've seen before. Nokia reported disappointing earnings results last week, and the company expects its market share to decline even further during the first few months of 2009. These "new" phones aren't expected to hit the shelves until at least April, around the same time as ...