“Industry” Articles

Nokia has today announced its Q4 2009 results, reporting an operational profit of EUR 1.141 billion and net sales of EUR 12 billion, down 5% year on year (up 22% sequentially). The devices and services sector saw net sales of EUR 8.2 billion, up 0.5% year on year (18% sequentially), and converged device sales were 20.8 million, increasing the worldwide smartpohone marketshare to 40%. Nokia has also reported estimated industry mobile device volumes of 329 million units, up 8% year on year and 14% sequentially, with 126.9 million Nokia mobile devices, up 12% year on year (17% sequentially).