Feeds

Nokia delivers huge profits hike

Flogging cheap mobiles is easy

Providing a secure and efficient Helpdesk

Nokia's swallowed an estimated 39 per cent of the global mobile phone market in its third quarter, sending profits rocketing 85 per cent.

Net income hit £1.09bn, compared to £590.3m for the same period a year ago. A gold star goes to Nokia's Enterprise Solutions division, which boosted its revenues 105 per cent.

Overall, sales were up 28 per cent to £9.01bn.

The bread and butter Mobile Phones division produced a three per cent revenue increase, though as usual delivered good margins on its basic handsets. Nokia's bid to sell "multimedia computers" instead of cheapo phones took another knock: the average selling price for one of its handsets slid 8.9 per cent to just over £57.

Still, it beats the bejaysus out of Motorola, whose last financials reported its second loss in a row and prompted 7,500 job cuts. It's been overtaken by Samsung in the mobile phone super league.

Nokia's official report is here. ®

Providing a secure and efficient Helpdesk

More from The Register

next story
Brit telcos warn Scots that voting Yes could lead to HEFTY bills
BT and Co: Independence vote likely to mean 'increased costs'
Phones 4u slips into administration after EE cuts ties with Brit mobe retailer
More than 5,500 jobs could be axed if rescue mission fails
New 'Cosmos' browser surfs the net by TXT alone
No data plan? No WiFi? No worries ... except sluggish download speed
Radio hams can encrypt, in emergencies, says Ofcom
Consultation promises new spectrum and hints at relaxed licence conditions
Blockbuster book lays out the first 20 years of the Smartphone Wars
Symbian's David Wood bares all. Not for the faint hearted
'Serious flaws in the Vertigan report' says broadband boffin
Report 'fails reality test' , is 'simply wrong' and offers ''convenient' justification for FTTN says Rod Tucker
This flashlight app requires: Your contacts list, identity, access to your camera...
Who us, dodgy? Vast majority of mobile apps fail privacy test
prev story

Whitepapers

Secure remote control for conventional and virtual desktops
Balancing user privacy and privileged access, in accordance with compliance frameworks and legislation. Evaluating any potential remote control choice.
Saudi Petroleum chooses Tegile storage solution
A storage solution that addresses company growth and performance for business-critical applications of caseware archive and search along with other key operational systems.
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?
Security for virtualized datacentres
Legacy security solutions are inefficient due to the architectural differences between physical and virtual environments.
Providing a secure and efficient Helpdesk
A single remote control platform for user support is be key to providing an efficient helpdesk. Retain full control over the way in which screen and keystroke data is transmitted.