Finnish Nokia Today published a financial report for the fourth quarter of 2011, showing significant losses that have already become the third for Nokia in the past 12 months.
In addition, Nokia reported a 29% incidence of Mr. quantities sold mobile phones.
And yet stated by the data have not been as negative as expected, analysts and it caused more than 7% rise in shares of Nokia at the auctions in Helsinki. According to released data, in the fourth quarter of 2011, Nokia received a net loss of $ 1.07 billion euros, or $ 1.4 billion, against profits of 745 million euros a year earlier.The company's sales fell by 21% - from 12.65 billion euros to 10 billion principal operating divisions of the company, Nokia Devices and Services, showed 3.4% fall in operating margin index is now down to 12.7%. The Director-General Stephen Elop Nokia says that the company has sold "more properly" a million new smartphones Lumia, working on the basis of Windows Phone. In general, in the quarter the company sold 19.6 million smartphones and 93.9 million basic models of cell phones, so the total sales of units in the fourth quarter amounted to 113.5 million, against 127.7 million units during the same period a year earlier . The average price of the sold unit decreased from 69 to 53 euros. The company reported operating loss of the receipt of a 954 million euro, compared with 884 million euros in operating profit a year earlier. According to statistics, since February last year when the company released the latest smartphone based on its own of Symbian, Nokia share price fell by 53%. Last year, the company said that before the end of 2013 plans to cut about 27,000 jobs in the company, which will reduce internal costs and stay afloat. In the foreseeable future, the company may conduct changes in the manual. Nokia offers Risto Siilasmaa as the new chairman of the board of directors. Siilasmaa is the founder and head of the Finnish antivirus company F-Secure. To date, the top manager is virtually unknown outside Finland, but Finnish media claims that he is the main contender for the post of head of Nokia to replace outgoing Jorma Ollila. Independent experts agree that the new man can lead a Nokia at a critical time for Nokia and it may be a takeoff and a sharp decline. Today, Risto Siilasmaa already takes place on the board of Nokia and many industry experts consider it to head the company since May 2010, when Jorma Ollila was first announced his desire to leave the post. Originally Ollila had to go to the post of chairman of the board of directors at the beginning of last year, but he was asked to remain in office for at least another year due to the complicated state of affairs at Nokia. Officially, today Nokia has not commented on the probability of assignment Risto Siilasmaa to the key position However sources in the company say that it is the most likely candidate for this position. Formally, the decision on the future of Nokia's Guide should be taken later this month, when a regular meeting of the Board of Directors. Relying on a mobile operating system Windows Phone, Finnish Nokia can this year to sell about 37 million smartphones operating on the basis of the OS. These data are presented in the analytical prediction of the investment bank Morgan Stanley. However, in 2013, sales of Nokia will grow to 64 million smartphones, expect the experts. At the same time, Morgan Stanley's notice that a lot of sales success will depend on the support for Microsoft partners and Nokia. Earlier, the two companies have already reported on the launch of a joint advertising campaign with a budget of $ 20 million, aimed at marketing new devices. Analysts also Morgan Stanley predicts that sales of Taiwan's HTC, which also produces smartphones based on Windows Phone, this year exceed the performance of Nokia and is 43 million smartphones. In 2013, HTC would sell about 74 million smart phones based on Windows Phone. Source: Cybersecurity
And yet stated by the data have not been as negative as expected, analysts and it caused more than 7% rise in shares of Nokia at the auctions in Helsinki. According to released data, in the fourth quarter of 2011, Nokia received a net loss of $ 1.07 billion euros, or $ 1.4 billion, against profits of 745 million euros a year earlier.The company's sales fell by 21% - from 12.65 billion euros to 10 billion principal operating divisions of the company, Nokia Devices and Services, showed 3.4% fall in operating margin index is now down to 12.7%. The Director-General Stephen Elop Nokia says that the company has sold "more properly" a million new smartphones Lumia, working on the basis of Windows Phone. In general, in the quarter the company sold 19.6 million smartphones and 93.9 million basic models of cell phones, so the total sales of units in the fourth quarter amounted to 113.5 million, against 127.7 million units during the same period a year earlier . The average price of the sold unit decreased from 69 to 53 euros. The company reported operating loss of the receipt of a 954 million euro, compared with 884 million euros in operating profit a year earlier. According to statistics, since February last year when the company released the latest smartphone based on its own of Symbian, Nokia share price fell by 53%. Last year, the company said that before the end of 2013 plans to cut about 27,000 jobs in the company, which will reduce internal costs and stay afloat. In the foreseeable future, the company may conduct changes in the manual. Nokia offers Risto Siilasmaa as the new chairman of the board of directors. Siilasmaa is the founder and head of the Finnish antivirus company F-Secure. To date, the top manager is virtually unknown outside Finland, but Finnish media claims that he is the main contender for the post of head of Nokia to replace outgoing Jorma Ollila. Independent experts agree that the new man can lead a Nokia at a critical time for Nokia and it may be a takeoff and a sharp decline. Today, Risto Siilasmaa already takes place on the board of Nokia and many industry experts consider it to head the company since May 2010, when Jorma Ollila was first announced his desire to leave the post. Originally Ollila had to go to the post of chairman of the board of directors at the beginning of last year, but he was asked to remain in office for at least another year due to the complicated state of affairs at Nokia. Officially, today Nokia has not commented on the probability of assignment Risto Siilasmaa to the key position However sources in the company say that it is the most likely candidate for this position. Formally, the decision on the future of Nokia's Guide should be taken later this month, when a regular meeting of the Board of Directors. Relying on a mobile operating system Windows Phone, Finnish Nokia can this year to sell about 37 million smartphones operating on the basis of the OS. These data are presented in the analytical prediction of the investment bank Morgan Stanley. However, in 2013, sales of Nokia will grow to 64 million smartphones, expect the experts. At the same time, Morgan Stanley's notice that a lot of sales success will depend on the support for Microsoft partners and Nokia. Earlier, the two companies have already reported on the launch of a joint advertising campaign with a budget of $ 20 million, aimed at marketing new devices. Analysts also Morgan Stanley predicts that sales of Taiwan's HTC, which also produces smartphones based on Windows Phone, this year exceed the performance of Nokia and is 43 million smartphones. In 2013, HTC would sell about 74 million smart phones based on Windows Phone. Source: Cybersecurity
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