S60 Blog
May 21st, 2007
May 21st, 2007
Nokia Global Profit Slips As Global Market Share Rises
Nokias global market share for mobile phones increased up to 36 % (from 35%) during the last year. At the same time Nokia lost 7% in global profits which can be associated with "one-off costs and falling prices for its mobile phones." Nokia sold mobile phones for 979 million Euros, down from 1.0 billion Euros worth of sales in the previous year.

In all, Nokia is in a good position. The profit slide is reasonable and the Finnish handset giant is slowly creeping upwards in their market share - even as Symbian OS is losing ground to Linux and Windows Mobile and the global slowdown of mobile phone sales.
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