Nokia has announced its Q3 sales result. The sales were seeing a downward trend, but with comparison to the Q2, the performance is better. This period could be the last quarter without Windows Phone phones. Nokia’s future is depending on this operating system.
Let's observe the figures. First, the net sales for Nokia's gadgets & other Services saw a decrease of 25% Year-on-Year. The operating profit also went down by 84%, at €132 million. This is better than the last quarter, but the operating loss of €71 million is still a headache.
The number of Nokia gadgets sold during this period was also facing a declining trend, by 3%. The smartphones took a dive of about 38%, but other phones sale increased by 8% YoY.
The main question arising is the situation of the market when all of the Nokia’s WP7 handsets get released in the market. It is even rumored that WP7 OS can come in an affordable form too.
In simple words, Nokia needs to take some steps, if they wish to survive.
Let's observe the figures. First, the net sales for Nokia's gadgets & other Services saw a decrease of 25% Year-on-Year. The operating profit also went down by 84%, at €132 million. This is better than the last quarter, but the operating loss of €71 million is still a headache.
The number of Nokia gadgets sold during this period was also facing a declining trend, by 3%. The smartphones took a dive of about 38%, but other phones sale increased by 8% YoY.
The main question arising is the situation of the market when all of the Nokia’s WP7 handsets get released in the market. It is even rumored that WP7 OS can come in an affordable form too.
In simple words, Nokia needs to take some steps, if they wish to survive.
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