Nokia Solutions and Networks sees growth in profit in Q3, beats market expectations


Earlier today, Nokia Solutions and Networks revealed their earnings for Q3 2014. The company has revealed profits of €457 million for Q3. According to the results, the company’s profit was up by  1.5% from last quarter (11%). Nokia expects its networks unit’s full-year operating margin to be above 11% as well. The company’s Q3 results has also beaten analyst expectations. Analyst expected a profit of €359 million this quarter.

Nokia recently sold its flagship phone business to Microsoft. The company now owns the network equipment unit only, which includes HERE Maps.

I think its pretty safe to say we have many readers who would not now be using Windows Phones if Nokia were not producing them, and who remain interested in the fate of the amazing company, which stretches back to the 1800’s. It is good to see that they indeed doing well now, freed from the burden of competing against Samsung and Apple.

The company has the option of returning to producing smartphones in 2016. With Microsoft phasing out the Nokia brand very soon, do our readers think we will ever see a Nokia smartphone again?

Source: Nokia
Via: Neowin

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