Nokia sales fell 30% in one year
From the dominance of Nokia in the mobile sector is almost nothing left, and after the mobile business of the Finnish company was closed off and sold to Microsoft, things are getting worse more.
The final report on the profits of Nokia as an independent phone maker revealed that the company’s sales are not only melted, but that people are buying less Asha and Lumia phones. In fact, the company’s revenue decreased by 30% compared to the same period in 2013.
Nokia blamed the lack of interest in their low-end devices, saying that “the industry is in a race to the bottom” – a polite way of saying that Nokia and Microsoft have been unable to cope with competition from Android and iOS. This was demonstrated by the latest figures from Kantar Group, where Nokia remains far behind in both the U.S. and in China.
But what about the other part of Nokia, which after the merger remains your map services and research laboratories based in Finland? The details of the report show that Nokia has in the bank $2.8 billion, not counting the money it received from the sale of mobile business (7.2 billion dollars). In fact, the patent licensing business of Nokia generates approximately 119 million dollars profit in the last three months while Here Maps bring 13.8 million, and the network services add more than 300 million.
Under the new CEO, Rajeev Suri , the company plans to become a research and mapping giant power industry with very attractive technology and provide an alternative to Google.http://szlifestyle.com/sz/2014/04/30/nokia-sales-fell-30-in-one-year/https://i1.wp.com/szlifestyle.com/sz/wp-content/uploads/2014/04/sz_Nokia.jpg?fit=640%2C439https://i1.wp.com/szlifestyle.com/sz/wp-content/uploads/2014/04/sz_Nokia.jpg?resize=150%2C150TECH NEWSMicrosoft,NokiaFrom the dominance of Nokia in the mobile sector is almost nothing left, and after the mobile business of the Finnish company was closed off and sold to Microsoft, things are getting worse more. The final report on the profits of Nokia as an independent phone maker revealed that the...Esther R.Esther R.firstname.lastname@example.orgContributorEsther R. is a writer at szlifestyle.szlifestyle.com Tech news, gadgets, life style, reviews, videos!