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Author: Ken Hyers

Publication Date: Jan 28 2013

Pages: 8

Report Type: Metrics, Word

 Emerging Devices

Q4 12 Nokia Profits Return But China Becomes a Problem Child

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Report Summary:

Nokia shipped 86.3 million handsets worldwide in Q4 2012. Increasing Microsoft Lumia volumes and tighter cost-controls helped Nokia return to profitability after three straight quarters of financial losses. However, Nokia’s handset shipments fell sharply in China. China now joins the US on the company’s “must recover” list for 2013.

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