X

Nokia Oz profits slumped last year, according to figures released to ASIC.Nokia Australia sales fell 30% to $128.7 last year, compared to 2012. 

Net profit after tax also fell over $2 million to $1.3 million in 2013, according to financials released to ASIC.  
However, there could be light at the end of the tunnel for the former phone king. 
Nokia smartphones have witnessed a surge, of late, with Windows Phone platform growing in popularity among consumers, despite its late entrance to the market.
Nokia, whose Devices & Services business is now owned by Microsoft, has been the chief reason Windows Phone has increased its market share thanks to its Lumia range, say analysts. 
The vendor captured 7% of the mobile market in Australia in the three months to April and is now the third largest mobile vendor and has closer to 10% share in Europe, according to figures by Kantar ComTech.  
The first Windows Phone 8.1, the Lumia 630 which was released by Nokia, went on sale here last month for $249.
Nokia has sought to build marketshare at the affordable end of the smartphone spectrum with X devices although Lumia 1040 has got rave reviews at the higher end. 
Its first ever tablet, Lumia 2520 costs $840 outright in OZ also went on sale last month, aimed at business user. 
The Over ear Headphones Leaderboard 728x90 1 Nokia Sales Slump In OZ
HAR0532 SHCHnews PBOX 728x90 Nokia Sales Slump In OZ
728x90 Leaderboard REL Nokia Sales Slump In OZ
Olimpia Splendid Unico Cooling 728x90 Nokia Sales Slump In OZ
ARL0458 Arlo Pro 4 Oct21 Banner 728x90 V2 scaled Nokia Sales Slump In OZ
Sony 290ES 728x90 1 Nokia Sales Slump In OZ
728x90 Nokia Sales Slump In OZ
ALOGIC 728x90 1 Nokia Sales Slump In OZ
LG HE FN Series Banners 4SQM LB 728x90 Nokia Sales Slump In OZ
728x90 MOTOROLA EDGE 20 Nokia Sales Slump In OZ


YOU MAY ALSO LIKE