Nokia sees lower sales and profits in 2nd quarter

Filed Under (Mobile Phone News) by admin on 03-08-2009

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Nokia has seen its profits drop in the 2nd quarter of 2009 to about 600 million USD. That is a 71% drop from last years 2 billion USD. That is quite a drop for the worlds largest mobile phone manufacturer. Not only are profits down but sales numbers are down too about 25 percent. Nokia did manage to ship about 100million units during the 2nd quarter which is only about 15% less than last year. Nokia also said that it was expecting numbers like this since the global mobile market has shrunk about 10% versus 2008.

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