Feeds

Nokia narrows Q1 sights

Notalota networking sales

  • alert
  • submit to reddit

Choosing a cloud hosting partner with confidence

Nokia is pinning back Q1 profit estimates to the low-end of previously-stated guidance. It now forecasts earning for the quarter ended March 31, 2003 of €0.15 and €0.17.

Handsets are doing well enough, operational efficiencies are coming along nicely, but sales at Nokia Networks are weaker than expected - maybe down 15-20 per cent year-on-year, the company says. It blames reduced spend by operators - in "all major regions".

Nokia now forecasts Q1 mobile phone sales will now be at the low end of previously-stated guidance of flat to nine per cent year-on-year growth. But it is maintaining strong profitability from the division and it reckons that it is growing market share. ®

Intelligent flash storage arrays

More from The Register

next story
FCC, Google cast eye over millimetre wireless
The smaller the wave, the bigger 5G's chances of success
It's even GRIMMER up North after MEGA SKY BROADBAND OUTAGE
By 'eck! Eccles cake production thrown into jeopardy
Mobile coverage on trains really is pants
You thought it was just *insert your provider here*, but now we have numbers
Don't mess with Texas ('cos it's getting Google Fiber and you're not)
A bit late, but company says 1Gbps Austin network almost ready to compete with AT&T
prev story

Whitepapers

Cloud and hybrid-cloud data protection for VMware
Learn how quick and easy it is to configure backups and perform restores for VMware environments.
A strategic approach to identity relationship management
ForgeRock commissioned Forrester to evaluate companies’ IAM practices and requirements when it comes to customer-facing scenarios versus employee-facing ones.
High Performance for All
While HPC is not new, it has traditionally been seen as a specialist area – is it now geared up to meet more mainstream requirements?
Three 1TB solid state scorchers up for grabs
Big SSDs can be expensive but think big and think free because you could be the lucky winner of one of three 1TB Samsung SSD 840 EVO drives that we’re giving away worth over £300 apiece.
Security for virtualized datacentres
Legacy security solutions are inefficient due to the architectural differences between physical and virtual environments.