Nokia reports profitable this fall and whole year

 Nokia reports profitable this fall and whole year 2013:

Nokia reports profitable this fall and whole year 2013

In preparation for the fourth quarter results from Nokia, the corporate discharged a number of its recent reports in an exceedingly new format (adjusting for the very fact that an enormous chunk of the corporate moving to Microsoft). nowadays the $64000 deal came out and also the results area unit within the black.

Net sales for the total company within the final quarter of 2013 were €3.476 billion, down twenty first year on year. The in operation profit was €274 million, down 17%. For the total year 2013, Nokia\'s continued operations raked in €12.709 billion, down Revolutionary Organization 17 November compared to the total 2012.


Still, the 3 in progress divisions report positive profits. Nokia Solutions and Networks (NSN) reports €3.105 billion income and €243 million in in operation profit. higher still, for the total year 2013 NSN announce €420 million in in operation profit, compared to a €795 million in operation loss in 2012.

This division reports attenuate demand for GSM and core network school, offset by exaggerated LTE sales in bigger China, Europe and Asia-Pacific (excluding Japan). NSN scored contracts for LTE preparation with Sprint within the North American nation, China Mobile, China mediummunications Corporation and Taiwan\'s 1st LTE preparation for Chunghwa Telecom.

 Nokia reports profitable this fall and whole year

HERE, Nokia\'s mapping division, attained €254 million in income and €18 million in in operation profit. HERE sold-out three.2 million licenses to vehicles, up from 2.4 million in this fall \'12 once the division announce a loss of €56 million. Vehicle licenses compose for over half HERE\'s income (rather than phone navigation software). Anyway, the top result for the total year was still €154 million within the red (an improvement over the €301 million in operation loss in 2012).

Advanced Technologies (Nokia\'s analysis division) created €65 million in in operation profit on €121 million income. For the total year, the division created €310 in in operation profit, down five-hitter compared to 2012. The patent licensing cope with Samsung has been extended by five years. Payments begin from Jan one this year, although the precise payment quantity are determined next year.


Discontinued operations (that\'s the phones business) created €2.633 billion in income (down twenty ninth year on year) associated announce an in operation loss of €198 million (from alittle profit in this fall \'12 and smaller loss in Q3 \'13). The loss for the total year is €590, a few third of the €1.479 billion loss in 2012.

The interrupted phone business saw a decline in feature phone sales and a smaller decrease in smartphone sales. Volumes for each styles of devices declined and within the fourth quarter Nokia sold-out solely eight.2 million Lumia devices (down from eight.8 million in Q3), despite varied aggressive worth cuts to the popular Lumia 520.
For elaborated numbers and comments from Nokia, examine the release (PDF) and you\'ll conjointly listen in on the telephone call here.