Home » Articles, Consumer Electronics » All Eyes on Nokia After Apple Record Earnings


July 20, 2011

All Eyes on Nokia After Apple Record Earnings

Analyst Insight by Wee Teck Loo.

Keyboard_cellphone Apple Inc posted stellar quarterly results, with revenue and net profits 82% and 125% higher than last year’s corresponding quarter results. International sales accounted for 62% of their quarterly revenue. This Friday (22 July), Nokia will be releasing its financial results and pressure is mounting on the Finnish mobile phone giant to post some good tidings. With the recent price cuts on its mobile phones in Europe, Nokia is probably not expected to report improved margins. However, it is expected that Nokia would register improved revenues (compared to the previous quarter) and overhead savings due to its restructuring.

For more insight from our Consumer Electronics team, please click here.


« Phosphates come under the spotlight in Australian laundry care | Main | Global Industry Overview: Toys and Games »

Subscribe

 RSS Feed

Receive New Posts via Email:

 

Join us on...

Filter by Category

Filter by Geography

Filter by Industry

Recent Posts

Unilateral Pricing Policy Sparks Debate on Future of Optical Goods Store Retailing

¡Euromonitor participa Seminario Internacional de Cereales que se llevará a cabo en 4 ciudades de Latinoamérica!

Where Will the Future Growth for Bags and Luggage Come From?

Saudi Arabia: Migrant Workers and Mid-Income Group Drive Record Sales of Cheap Cars

Euromonitor to speak at the Personalisation Summit - 9th Ancillary Merchandising Conference

Russia: Current Challenges and Long Term Opportunities in Retail Tissue and Hygiene

Why the Changing US Grocery Retail Market Underpins the Kraft and Heinz Merger

Fashion Friday: Fashion and Technology Companies: Competitors or Partners in the Wearables Market?

Has Internet Access Become a Basic Human Right?

The Link Between Alcoholic Drink Consumption and Analgesics and Slimming Products in Latin America