First Quarter Results for Nokia

23 Apr

It is a good start for Nokia this year in terms of their sales.  This was the main result of Nokia’s report covering the first quarter.

Known as one of the biggest manufacturers of mobile phones, Nokia may have seen a great increase in their sales. Unfortunately, the prediction was there will be a decline in the company’s profit in approximately 1.4 percent.   In terms of figures, it was found out that the company earned an estimated 344 million Euros worth of net income.  It is lower when compared to the income of the company last year which was 349 million Euros.

On the other hand, the company was said to have increased the rate of their sales. This year’s sales report was recorded to be 10.4 billion Euros.  It is higher by 9.2 percent compared to last year.

One of the contributors of the increase in their sales is though their smart phone which was up by 6 %.

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