22.07.2010 14:05 Uhr, Quelle: MacNN

Nokia profit tumbles 31% as market share slips

Nokia on Thursday confirmed outlook warnings by posting disappointing results for the spring. The phone producer's operating profit plunged 31 percent compared to a year ago as its device mix skewed away from smartphones and towards basic phones. Although it increased its total phone shipments to 111 million, a combination of lower average prices and lower profit margins on phones was responsible for almost all of the roughly $168 million drop.

Weiterlesen bei MacNN