Sunday, 24 April 2011

Nokia profits fall – Again.

Nokia’s profit fell 35% quarter on quarter early this year says figures released by the Nokia group. The Finnish company is facing stiff competition from their rivals Apple, Sony Ericson and Samsung - in the battle of the Century to land the best Smartphone around. Nokia is well renowned as being the sole icon in the mobile phone business having been around for over 100 years as a telecommunications business. Stephen Elop, CEO of Nokia said - “Following a solid first quarter, we expect a more challenging second quarter,” he said. “However, we’re encouraged by our roadmap of mobile phones and Symbian Smartphone’s, which we’ll ship through the rest of the year.” Nokia will now look forward to their partnership with Microsoft which will introduce the Windows operating system to the Nokia Smartphone world - for now the battle continues in this never ending techno war between the telephone giants.

No comments:

Post a Comment