Feeds

Nokia Q4 shows it ain't dead yet

It's getting its mojo back

New hybrid storage solutions

Nokia had a pretty decent fourth quarter and is showing the first signs that savage cost-cutting and redundancies might just be working.

Sales were down four per cent to €12bn and operating profit jumped 132 per cent to €1.1bn.

The Finnish firm sold 126.9m mobile devices, up 12 per cent on last year which gave it a 39 per cent share of the global market.

Sales by division were €8.2bn for devices and services, €3.6bn from Nokia Siemens Networks and €225m from NAVTEQ.

The company has been hammered over the last year by Apple, RIM and Samsung - firms that were either minor players or non-existent in Nokia's heyday.

Olli-Pekka Kallasavuo, Nokia's CEO, said: "We grew our market share in smartphones in the fourth quarter, driven by the successful launch of new touch and QWERTY models.

"Our performance in smartphones, combined with continuing success in the emerging markets, helped us increase sales."

He said he was also pleased with Nokia Siemens Networks' performance given the state of the infrastructure market.

The full statement is here. ®

Secure remote control for conventional and virtual desktops

More from The Register

next story
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
Apple Watch will CONQUER smartwatch world – analysts
After Applelocalypse, other wristputers will get stuck in
Shades of Mannesmann: Vodafone should buy T-Mobile US
Biting the bullet would let Blighty-based biz flip the bird at AT&T
Drag queens: Oh, don't be so bitchy, Facebook! Let us use our stage names
Handbags at dawn over free content ad network's ID policy
Net neutrality fans' joy as '2.3 million email' flood hits US Congress
FCC invites opinions in CSV format, after Slowdown day 'success'
prev story

Whitepapers

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.
Top 5 reasons to deploy VMware with Tegile
Data demand and the rise of virtualization is challenging IT teams to deliver storage performance, scalability and capacity that can keep up, while maximizing efficiency.
Reg Reader Research: SaaS based Email and Office Productivity Tools
Read this Reg reader report which provides advice and guidance for SMBs towards the use of SaaS based email and Office productivity tools.
Security for virtualized datacentres
Legacy security solutions are inefficient due to the architectural differences between physical and virtual environments.
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.