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Nokia Q2 report: nice performance

While Sony Ericsson has suffered for the bleeding financial result, on the other hand, the mighty Nokia seems unstoppable. The Finn mobile manufacturer gain EUR 1.47 billion of operating profit from EUR 13.2 billion net sales.

Although the profit is declining 38% compared to last quarter, the sales is growing up. Of course, the majority sales come from low end phones, but high end phones also show great performance. Nseries are sold for 10 million units, while Eseries been bought for 2 million units.

Nokia now has more than 100 thousands employees worldwide with total sales about EUR 50 billions last year. Who can stop Nokia now from eating the global market? Can iPhone 3G be the next close competitor?

Download Q2 2008 report here [in PDF].

Source | Image

Financial, Nokia

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