Nokia Battery

Nokia Battery

Nokia last year’s fourth quarter net profit fell 21%

Nokia has released the fourth quarter of fiscal year 2010 earnings, net profit of 7.45 billion euros (1.02 billion U.S. dollars), down 21%. According to earnings reports, as of December 31, 2010 in the fourth quarter of fiscal 2010, Nokia’s net sales for the 12.65 billion euros, a year earlier to 11.99 billion euros, an increase of 6%, growth of 23%.

Surge in smart phone shipments

Nokia said revenue growth in the fourth quarter of last year, mainly from mobile phones increase in average selling prices. Nokia CEO (StephenElop) said: “The mobile phone market growth trends remain encouraging, exciting, but Nokia’s market competitiveness and the implementation still faces some challenges.”

It is learned that Nokia is making a greater contribution to equipment and services, net revenue of 84 billion euros, an increase of 4%, growth of 18%. The net service revenue of 201 million euros, an increase of 21%, growth of 26%. In the fourth quarter of mobile devices (Cell Phone) shipped 123.7 million, down 3%. Integration of mobile devices (smart phones and mobile PC
laptop battery Singapore
) shipments of 28.3 million, an increase of 36%, growth of 7%.

The report shows that Nokia Siemens Networks net sales of 40 billion euros, an increase of 9%. As of the end of the fourth quarter, Nokia had cash and other current assets 12.3 billion euros, net of cash and other liquid assets of 70 billion euros.

Decline in global share last year

Nokia 2010 to conduct a preliminary full year estimates, expects the global handset market share in 2010 was 32%, 34% lower than in 2009. Equipment and services operating expenses of 56 million euros, lower than 2009 by 2 billion euros. The equipment and services operating margin decreased slightly to 10.9%, compared with 2009 decreased by 2.5%.

At the same time, Nokia believes that fiscal 2011 first quarter results will be picked up, equipment and services sector net revenue will reach 6.8 to 7.3 billion euros. Nokia Siemens Networks net sales will reach 2.8 to 3.1 billion euros.

From:
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http://www.laptop-battery.sg/blog

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