Mobifun’s Weblog

Do Fun with your Mobile….

Nokia loose profits As Global Market Share Rises


Nokia see rise in market share as profit slipsIt’s kind of a bitter-sweet announcement – Nokia saw its global market share for mobile phones increase to 36% (up from 35%), while at the same time experiencing a 7% decline in global profits. Nokia sold 979 million Euros worth of cell phone, down from 1.0 billion Euros worth of sales in the previous year. The slip in Nokia’s profits can be associated with  “one-off costs and falling prices for its mobile phones.”

So, in all, Nokia is in a good position. The profit slide is reasonable and the Finnish handset giant is creeping upwards in their market share – even as Symbian OS is losing ground to Linux and Windows Mobile and the global slowdown of mobile phone sales.


April 24, 2007 - Posted by | Nokia, Reviews, Technology

1 Comment »

  1. neurosal thoughty nonindividualistic centricipital epipolic poliomyelopathy speedily unelderly

    Comment by Samantha Graham | April 17, 2008 | Reply

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )


Connecting to %s

%d bloggers like this: