Nokia: Oops, financials aren't great. Never mind, 5G will solve our woes

Nokia: Oops, financials aren't great. Never mind, 5G will solve our woes

6 years ago
Anonymous $RBasgWKaIV

https://www.theregister.co.uk/2018/07/26/nokia_5g_will_save_us_all/

Fallen mobile phone giant Nokia posted financial results today that did not make happy reading for investors.

For the second quarter of 2018, Nokia reported sales of €5.3bn (£4.7bn), down 6 per cent on the same period in 2017. At the same time, operating profits (non-IFRS) sank by 43 per cent from €574m (£509m) in the year-ago quarter to €334m (£296m) in this one.