Wednesday April 1, 2020

Nokia sales decline at slower pace than expected

Nokia posted second-quarter earnings that topped estimates as sales declined at a slower pace.

24th July, 2014

Nokia posted second-quarter earnings that topped estimates as sales declined at a slower pace.

Earnings, excluding some items, were 6 cents a share, the Espoo, the Finland-based company, bought by Microsoft in April, said today in a statement.

Chief executive Rajeev Suri, who took the top job in May after the handset-unit sale to Microsoft for about $7.5 billion, is focusing on more lucrative network orders to boost margins and lift the company’s debt rating from...

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