The figures for the three months to 30 June show Nokia turning over €12.6bn, and making €2.36bn in profit. During the period they shipped 1.5 million of its top end multimedia phone, the N95, with margins on multimedia handsets rising to 20.9 per cent (from 16.1 per cent this time last year).
Margins have increased across the board, including Nokia's enterprise solutions division, which is now making money - having increased sales by 94 per cent since last year.
The only bit posting a loss is Nokia Siemens Networks, which spent a lot of money on acquisitions but still require "decisive action... [to] ensure that the company is positioned for success and leadership in the fast changing infrastructure market", according to CEO Olli-Pekka Kallasvuo.
Nokia shipped almost 101 million phones in Q2 2007
Posted on Monday, Aug 06 2007 @ 11:18 CEST by Thomas De Maesschalck