8:19PM
Tech Dose #2.4.2 - Even Nokia Experiencing A Downturn
Thursday, 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.