Numbers #'s on Stand Alone NOKIA look Impressive:
Nokia Corporation ADR (NYSE:NOK) Reported A Profit Of €436 Million In First Half Of 2013 On €6.3 Billion In Revenue
Written by Andy Chadwick on September 20, 2013
On Thursday, the Nokia Corporation said that the new Nokia, as a stand-alone company, would have reported a profit of €436 million in first half of 2013 on €6.3 billion in revenue. Ericsson, in comparison, posted a profit of 2.7 billion Swedish kronor, or €313 million for the same time period on revenue of €12.5 billion. In the first six months of the year, competitor Alcatel Lucent SA (ADR) (NYSE:ALU), lost €1.2 billion on €6.8 billion in revenue.
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