Nokia's Profits Drop
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Tanya Palta Published on July 18, 2008 |
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 Nokia admitted that their profits dropped this year when compared to last years performance. Nokia’s profit in 2008 was €1.10 billion, and €13.2 billion in 2007. That is almost a 61 percent drop."Looking at the rest of the year, we are optimistic and have had good feedback about the broad range of new products we expect to sell in our device business," said Olli-Pekka Kallasvuo, the chief executive of Nokia. [Via IHT]
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