Thursday, April 22, 2010

Nokia Ekes Out Revenue Rise


Nokia said that its net sales rose 1% year-on-year at constant currencies in the first quarter of 2010 to 9.52 billion euros, as a 7% increase in device and services sales offset a 12% fall in sales at network equipment unit Nokia Siemens. Nokia said its shipped 21.5 million converged mobile devices (smartphones and mobile computers) in the quarter, up 57% year-on-year.

Nokia expects its devices and services net sales to be between 6.7 billion and 7.2 billion euros in the second quarter of 2010, compared with 6.59 billion euros in the second quarter of 2009. Nokia expects Nokia Siemens Networks' net sales to be between 3.1 billion and 3.4 billion euros in the second quarter of 2010, compared with 3.2 billion euros in the same period of 2009. source: Nokia statement

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