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Summary:

Some much-needed good news from Nokia, which reported gains in mobile market share and a 65 percent increase in profits for Q4.

Net profits…

Olli-Pekka Kallasvuo
photo: Nokia

Some much-needed good news from Nokia, which reported gains in mobile market share and a 65 percent increase in profits for Q4.

Net profits were

  1. Sander van der Wal Thursday, January 28, 2010

    Err, the Nokia booklet runs Win7, not Maemo. The N900 is running Maemo

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  2. Pretty good news for Nokia today as it announces its Q4 results. Net income jumped 65% to €948 million (on €12 billion in sales) or 26 eurocents per share, from €576 million euros, or 15 eurocents a share, earned in Q4 2008. That handily beat the consensus forecast of 19 eurocents per share. Importantly, Nokia grew its smartphone (or “converged devices” in Nokia parlance) marketshare to a healthy 40%, up from 35% just last quarter. Looking forward, Nokia cautioned that it expects its adjusted operating margin in Devices & Services in Q1 2010 will be at the low end of its 12% to 14% target. At the time of this posting, Nokia stock has jumped about 9% in recognition of these good times.location villa bali

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