Nokia slumps again as device demand falters before Microsoft move

Dan Worth
clock

Firm vague on figures but Redmond has its work cut out

Nokia has reported net sales of €12.7bn for 2013, down 17 percent on 2012, as its mobile phone divisions failed to generate big returns. Fourth-quarter revenues painted a similarly negative picture...

To continue reading this article...

Join Computing

  • Unlimited access to real-time news, analysis and opinion from the technology industry
  • Receive important and breaking news in our daily newsletter
  • Be the first to hear about our events and awards programmes
  • Join live member only interviews with IT leaders at the ‘IT Lounge’; your chance to ask your burning tech questions and have them answered
  • Access to the Computing Delta hub providing market intelligence and research
  • Receive our members-only newsletter with exclusive opinion pieces from senior IT Leaders

Join now

 

Already a Computing member?

Login

You may also like
14,000 jobs to go at Nokia as cost pressures bite

Corporate

Represents 17% of the workforce

clock 19 October 2023 • 2 min read

Government

New investment will include spending on 5G diversification, local fibre networks and Shared Rural Network 4G initiative, government says

clock 27 November 2020 • 3 min read

Telecoms

Three's 5G rollout means expanding capacity on many fronts at the same time, explains network strategy and architecture manager Firoz Vohra

clock 09 October 2020 • 4 min read

More on Finance and Reporting

Capita reports £107mn annual losses, blames cyberattack

Capita reports £107mn annual losses, blames cyberattack

Capita's share price plummeted 54% since the attack

clock 08 March 2024 • 2 min read
Salesforce's Benioff: 'This must be the year of Data Cloud'

Salesforce's Benioff: 'This must be the year of Data Cloud'

Makes light of customer's AI bungle, as Q4 profits up 10%

Wade Tyler Millward
clock 29 February 2024 • 8 min read
Nvida revenues rise 265% on AI chips

Nvida revenues rise 265% on AI chips

Looks set to make Nvidia more valuable than Amazon and Alphabet

John Leonard
clock 22 February 2024 • 2 min read