Nokia profit fell by 90%

April 17, 2009, 6:28 am

nokia profit fell by 90%   Nokia unveiled the results of the first quarter of 2009. Sales declined by 27% to 9, 3 million euros, while profits fell by 90% to 122 million euros.
For the three months were sold at 19% less than the phones of Nokia, over the previous year. Total worldwide sold 255 million phones (of which 93, 2 million devices Finnish), which is 14% less than a year ago. It is estimated that Nokia, its share in the mobile market now stands at 37%. In the first quarter of 2008 it was 39%.
states Olli-Pekka Kallasvuo (Olli-Pekka Kallasvuo), executive director of Nokia, the company will continue to actively invest in online services. An increasing number of Finnish phones will have access to new services. In the future, according to Kallasvuo, they will become key to growth.


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