Hotel Murah di Palu - The company sold 107m handsets in Q1, a rise of 16% from last year. It also sold 21.5m smartphones and netbooks in the quarter. Nokia revealed that the average price of its smartphones fell 17% to €155 (£133) compared to the end of 2009. Earlier this month, Nokia launched its Comes With Music unlimited mobile download service in China. This is the first market where tracks are offered stripped of DRM.
Nokia's first three months of 2010 were passable, but not good enough for investors, and the company saw fewer handsets going to the USA.
Net sales hit €9.5bn - three per cent more than Nokia made in the first part of 2009. Operating profit jumped to €488m, which compares well to the paltry €55m in same period last year, but not well enough for investors who responded by dropping the share price more than 12 per cent.
Nokia still shipped more than 107 million devices, with a big jump in the number of "converged mobile devices", which now includes the company's netbooks. Despite that the average price of Nokia kit dropped to €62, so even with an increased margin - just over 12 per cent from the 10.4 per cent it was last year - there's not a great deal more money coming in.
The news from across the Atlantic is not wonderful either. Net sales in North America have dropped by 27 per cent since last year, which means that Latin America is now bringing in twice the revenue on more than three times the number of handsets.
Not a bad start to the year for the Finns, but not as good as the markets were hoping, which is really what matters.
Nokia's first three months of 2010 were passable, but not good enough for investors, and the company saw fewer handsets going to the USA.
Net sales hit €9.5bn - three per cent more than Nokia made in the first part of 2009. Operating profit jumped to €488m, which compares well to the paltry €55m in same period last year, but not well enough for investors who responded by dropping the share price more than 12 per cent.
Nokia still shipped more than 107 million devices, with a big jump in the number of "converged mobile devices", which now includes the company's netbooks. Despite that the average price of Nokia kit dropped to €62, so even with an increased margin - just over 12 per cent from the 10.4 per cent it was last year - there's not a great deal more money coming in.
The news from across the Atlantic is not wonderful either. Net sales in North America have dropped by 27 per cent since last year, which means that Latin America is now bringing in twice the revenue on more than three times the number of handsets.
Not a bad start to the year for the Finns, but not as good as the markets were hoping, which is really what matters.
Handphone Nokia
![Handphone Nokia]()
Reviewed by Bonita
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04:55:00
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