Feeds

Nokia Q4 shows it ain't dead yet

It's getting its mojo back

Providing a secure and efficient Helpdesk

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. ®

Choosing a cloud hosting partner with confidence

More from The Register

next story
Same old iPad? NO. The new 'soft SIMs' are BIG NEWS
AppleSIM 'ware to allow quick switch of carriers
Arab States make play for greater government control of the internet
Nerds told to get lost in last-minute power grab bid at UN meeting
Brits: Google, can you scrape 60k pages from web, pleeease
Hey, c'mon Choc Factory, it's our 'right to be forgotten'
Of COURSE Stephen Elop's to blame for Nokia woes, says author
'Google did have some unique propositions for Nokia'
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

Forging a new future with identity relationship management
Learn about ForgeRock's next generation IRM platform and how it is designed to empower CEOS's and enterprises to engage with consumers.
Why cloud backup?
Combining the latest advancements in disk-based backup with secure, integrated, cloud technologies offer organizations fast and assured recovery of their critical enterprise data.
Win a year’s supply of chocolate
There is no techie angle to this competition so we're not going to pretend there is, but everyone loves chocolate so who cares.
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?
Intelligent flash storage arrays
Tegile Intelligent Storage Arrays with IntelliFlash helps IT boost storage utilization and effciency while delivering unmatched storage savings and performance.