($NOK) Nokia’s Earnings Surprise in Fourth Quarter
Posted on January 29, 2010 at 19:32 PM EST
Nokia Corp. (NOK), the largest mobile phone manufacturer of the world, declared fourth quarter 2009 financial results, with net income up 60% year-over-year. This is primarily due to increasing market share in the high-end high-margin smartphone market coupled with effective cost-cutting measures taken by management. During the reported quarter, Nokia sold four new touch-screen smartphones [...] ($NOK) Nokia’s Earnings Surprise in Fourth Quarter