DV Hardware bringing you the hottest news about processors, graphics cards, Intel, AMD, NVIDIA, hardware and technology!

   Home | News submit | News Archives | Reviews | Articles | Howto's | Advertise
 
DarkVision Hardware - Daily tech news
December 8, 2016 
Main Menu
Home
Info
News archives
Articles
Howto
Reviews
 

Who's Online
There are currently 104 people online.

 

Latest Reviews
Zowie P-TF Rough mousepad
Zowie FK mouse
BitFenix Ronin case
Ozone Rage ST headset
Lamptron FC-10 SE fan controller
ZOWIE G-TF Rough mousepad
ROCCAT Isku FX gaming keyboard
Prolimatech Magnetic Pin
 

Follow us
RSS
 

Nokia fourth-quarter sales down 19 percent

Posted on Thursday, January 22 2009 @ 18:18:02 CET by


Nokia announced a fourth-quarter revenue of 12.7 billion EUR, down 19 percent year-over-year. The company lost marketshare to competitors and reported a net profit of 576 million EUR, down from 1.8 billion EUR a year earlier.

The phone giant said it sold 113.1 million phones last quarter, 15 percent less than a year ago and also lower than the 117.8 million units it sold during the third quarter. Nokia estimates its marketshare dropped from 40 percent in Q4 2007 to 37 percent last quarter.
"Volumes were a little bit lower than we expected. We predicted their sales to be flat quarter on quarter rather than down," said Carolina Milanesi, research director at Gartner, via e-mail.

The drop in volume reflects not only the current economic climate but also Nokia's relative weakness in high-end phones for markets such as Western Europe, according to Milanesi.

Nokia now estimates its market share at 37 percent, down from 38 percent in the third quarter and 40 percent in the fourth quarter of 2007.
More info at PC World.


 



 

DV Hardware - Privacy statement
All logos and trademarks are property of their respective owner.
The comments are property of their posters, all the rest © 2002-2016 DM Media Group bvba