Nokia battered as profits crash - PC Retail

Nokia battered as profits crash

Profits slump 90 per cent, but company says demand will remain stable for FY09
Author:
Publish date:
Social count:
0
7_CPW_InStore_CouchLaptop.jpg

Nokia has posted net sales of 9.3 billion euros in 1Q09, down 27 per cent both year-on-year and sequentially.

Net profits reached 122 million euros, heavily down on the 1.2 billion euros in the same period in 2008.

To read the full story, click here to go to PC Retail's sister site Mobile Entertainment.

Related