HELSINKI - Nokia reported revenue in the last quarter only increased 6 percent to approximately USD17, 4 billion compared to the same quarter last year. The increase was triggered by flutuasi currency. Beyond the problem of currency changes, sales of Nokia predicted fairly flat year-on-year. As for total sales of Nokia mobile phone unit fell 3 percent to 123.7 million units this quarter. Launched by Cellular News, on Friday (28/01/2011), Nokia operating profit decreased approximately 26 percent to $ 1, 5 billion. While last year the Nokia operating profit reached USD42 billion. For net profit, Nokia have dropped approximately 21 percent to USD1, 02 billion compared to the same quarter last year. Based on the results of the achievement of Nokia, throughout 2010 the mobile device industry is only up 13 percent compared to 2009. Meanwhile, Nokia market share that year dropped to only 32 percent. Whereas the previous year had reached 34 percent."In the fourth quarter we have produced a pretty solid performance in three of our business, and cash flow are quite encouraging. In addition, the growth trend in the mobile device market continued to push. However, Nokia face some significant challenges in competitiveness and execution. In short, the industry changed, and it is time for Nokia to change more quickly, "said Nokia CEO, Stephen Elop. According to Nokia, a year-on-year basis, the decline experienced by Nokia is to reach three per cent due to tight competition in the global handset market, but it is also due to limited supply and logistics components throughout the quarter.
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