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Nokia 2005 Q1 financial results

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Posted by masseur
I've been waiting for someone (well... a certain someone ) to post this all day but since no one has.. here is a small extract relating to their mobile phones

Company posts double-digit sales growth of 17%; raises 2005 mobile device market volume estimate to 740 million

Mobile Phones Q1/2005: EUR 4527 compared with Q1/2004: EUR 4080 which is a rise of 11%

Mobile Phones
First-quarter 2005 net sales grew 11% year on year to EUR 4.5 billion, compared with EUR 4.1 billion in the first quarter 2004, driven by good demand. Sales growth was strongest in China, followed by Asia Pacific and Europe/Middle East/Africa, partially offset by sales declines in North America and to a lesser extent in Latin America. Operating profit decreased 16% to EUR 869 million, compared with EUR 1.0 billion in the first-quarter 2004, with an operating margin of 19.2% (25.2%).

here also is a BBC news article about Nokia and Motorola profit increases

Posted by axxxr
Sorry mate missed that one entirely....Thats why we all need you!


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