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Nokia: Results for the First Quarter of 2010

Like other companies, Nokia has published the results of its work for the first quarter of 2010. The report of the Finnish manufacturer states that, Nokia’s sales increased by 5% as compared with the previous year and amounted to 9.5 billion Euros. Net sales of Devices & Services subdivisions are equal to 6.7 billion Euros, 8% more than last year’s performance and 19% less as compared with previous years, and the Services subdivisions is 148 million Euros.

During the first three months of this year 107.8 million Nokia devices were sold, this figure has increased by 16% as compared with the first quarter of 2009 and decreased by 15% as compared with the fourth quarter of 2009. 21.5 million Nokia smartphones and mobile computers were sold, which is 57% more than last year and 3% more than in the previous quarter.

The share of Nokia in the mobile phone market has increased to 33%. It should be noted that a year ago, it was equal to approximately 32%, and in the fourth quarter of last year it was equal to 35%.

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