Nokia, a leading mobile phone manufacturer in the world, on Thursday (22 / 1), reported that fourth quarter net profit in 2008, anjlok 69% to 576 million euros (749 million U.S. dollars), due to declining sales and low prices of the handset.
Nokia Chief Executive, Olli-Pekka Kallasvuo, said the financial crisis the world has an impact on demand mobile phone (mobile phone).
But say, Nokia will continue its investment for future growth, although it must reduce costs. "We do all of the cost reduction and to maintain a strong capital structure. This is certainly our highest priority in the current economic environment," said Kallasvuo.
In October-December period, company has sold 113 million mobile phones and the market shrink from 37% to be 38% in the third quarter 2008 and 40% in the quarter end of 2007.
Nokia estimates, mobile phone sales in 2009 will decline 10% from the year 2008, but perseroannya will try to increase market share.
resource: gatra.com
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Sunday, January 25, 2009
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