News

Nokia battered as profits crash

Profits slump 90 per cent, but company says demand will remain stable for FY09

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.

Tags: Financials, Nokia, Q1s

Address
Saxon House
6a St. Andrew Street
Hertford
Hertfordshire
SG14 1JA
UK

Editorial
Contact
+44 (0) 1992 535 646

Advertising
Contact
+44 (0) 1992 535 647

Subscriptions
+44 (0) 1580 883 848

Fax
+44 (0) 1992 535 648