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« Photography Chemo Regime #2.5 - The TIPA Awards | A Dose of Haematology News #2.4.1 - Why More Black American Haemophiliacs Have Inhibitors? »
Thursday, April 16, 2009 at 8:19 PM
8:19PM

Tech Dose #2.4.2 - Even Nokia Experiencing A Downturn

DateThursday, April 16, 2009 at 8:19PM

Nokia, the world's largest mobile phone maker, has reported a 90% fall in profits for the first quarter of 2009.

The company said net profits sank to 122m euros ($160m; £108m) in the quarter, down from 1.2bn euros in the same period a year ago.

Sales were down by 27% to 9,28bn euros in the quarter from 12.7bn euros a year ago, Nokia said.

Well, nobody seems immune in this climate. Wonder if they do a cut price at Sungai Wang on all Nokia.

AuthorHaris Abdul Rahman | CommentPost a Comment | Reference1 Reference |
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