DOWNLOAD MP3: Nokia Reports A Profitable Q4, Smartphone Sales Pick Up

By August 10, 2022, 01:13 pm Comments

You are here seriously looking to Download Nokia Reports A Profitable Q4, Smartphone Sales Pick Up mp3? then keep scrolling below.

Nokia Reports A Profitable Q4, Smartphone Sales Pick Up Mp3 Download

download - Nokia Reports A Profitable Q4, Smartphone Sales Pick Up

DOWNLOAD

Nokia has swung its way back into profits with its Q4 report showing healthy €439 million ($585 million) in profit. Nokia managed to generate revenues of €8.04 billion ($10.73 billion).

Nokia's fine performance was largely thanks to its Siemens Network division while Devices and Services is still some way from returning to profitability even though its performance is improving. Apparently, the holiday quarter is the best one Nokia has had for quite some time now, but even with that the company lost about $3 billion in the full fiscal year.




With the rise of its Lumia brand, the company successfully srecent about 4.4 million Nokia Lumia smartphone, with about 700,000 of those sales taking place in North America.

Nokia's latest smartphones Lumia 920 along with PureView Phase 2 capturing camera pushed its smartphones average selling price up to €186 from the €155 in the previous quarter. If you subtract the 2.2 million Symbian handsets sold, the ASP of the Lumia line-up alone is reported at €192 this quarter.

Nokia was also able to utilize its rich patent portfolio to fill up its coffers and it got another $250 million payment from Microsoft in the quarter for using Windows Phone.

Nokia, for the first time in over 20 years will not be paying its dividend, which allows the company to improve its liquidity position.

Undoubtedly, Nokia is a long way behind its smartphone rivals, but with the stronger sales of its latest Lumia smartphones, the company seems to have put the worst behind it. We are yet to see if it manages to haged the momentum going in Q1, when the demand for all smartphones is way lower compared to the holiday quarter.

1Source

nokia , reports , a , profitable , q4 , smartphone , sales , pick , up ,

More For You: Samsung Break Smartphone Sales Record In Q2, Reuters Says




DOWNLOAD NOW

DOWNLOAD MUSIC



Share:

Related Files
  1. Nokia Reports A Profitable Q4, Smartphone Sales Pick Up

  2. Nokia Q1 Results Show Big Drop In Smartphone Sales

  3. LG Outs Q3 Financial Results, Reports A Profitable Quarter

  4. LG Reports Disappointing Q3 Results, Handset Sales Down

  5. Android Extends Its Lead In The US Smartphone Race, Nielsen Reports

  6. Samsung Break Smartphone Sales Record In Q2, Reuters Says

  7. IPhone Accounts For More Than Half Of Verizon Smartphone Sales