Nokia to give billions back to shareholders as sales dip

Nokia to give billions back to shareholders as sales dip

Revenue in the period was down 2 percent from a year earlier at USD 3.34 billion due to lower demand in North America and Europe. Net profit fell 20 percent to USD 168 million, partly due to shifts in currency values, as well as higher interest and tax expenses.

Nokia reports renaissance, shares jump

The group is focusing on its information networks expertise and on its data technologies.

Nokia Q2 loss narrows to Euro 278 million; handset sales dip

Finnish telecom firm Nokia Corporation Thursday reported narrowing of consolidated loss at Euro 278 million (Rs 2,168.91 crore) in the second quarter ended June 30 helped by good performance at Nokia Siemens Networks.