Nokia earnings jump on emerging markets

Article Abstract:

Fourth-quarter net profit for Finnish telecommunications equipment firm Nokia Corp. rose 44% to reach $2.69 bil, driven by multimedia device sales and strong growth in emerging markets such as China and India. Mobile phone shipments increased 27% to 133.5 mil units.

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Sony Ericsson net drops as it sells cheaper phones

Article Abstract:

Third-quarter net profit for Sony Ericsson Mobile Communications Management Ltd. fell 10% to $377.7 mil due to a drop in the average sales price of its phones and handsets. However, shipments of mobile phones rose by 31%, and revenue rose 6.7%.

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Nokia net slips on charges, phone prices

Article Abstract:

First-quarter net profit for telecommunications equipment firm Nokia Corp. dropped 7%, primarily due to lower phone sales prices and higher charges. Shares however are up 3.5% to 18.16 euro.

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