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It’s kind of a bitter-sweet announcement – Nokia saw its global market share for mobile phones increase to 36% (up from 35%), while at the same time experiencing a 7% decline in global profits. Nokia sold 979 million Euros worth of cell phone, down from 1.0 billion Euros worth of sales in the previous year. The slip in Nokia’s profits can be associated with “one-off costs and falling prices for its mobile phones.”
So, in all, Nokia is in a good position. The profit slide is reasonable and the Finnish handset giant is creeping upwards in their market share – even as Symbian OS is losing ground to Linux and Windows Mobile and the global slowdown of mobile phone sales.
via: yahoonews
About The Author
Will Park
Will hails from The City of Angels - Los Angeles, California. He spends his time playing with his numerous gadgets and looking forward to seeing what future holds for mobile technology. An avid promoter of a fully "digital" life, he promotes the widespread adoption of truly mobile, paper-less living. He dreams of the day when he can go completely digital. No more snail mail, paper receipts, bound books, notepads/spiral notebooks, credit cards, hard currency. He's a digital warrior - fighting for the converged life. He is an idealist and a realist - he has a perfect view of what the world should be but knows that the world is not perfect. Can we ever hope to see Will's dream become reality? We'll see...
