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Nokia’s profits soars 64% in Q4 2009, gains smartphone market share

Here’s something that will hopefully make people realise that Nokia is still the number one phone manufacturer and that this won’t change soon. The company…

EDITOR’S NOTE: This article is part of MobileTechWorld’s historical archive. Mobile technology has evolved dramatically since this was published. For our latest coverage, explore our Latest News, Reviews, and AI in Mobile coverage.


Here’s something that will hopefully make people realise that Nokia is still the number one phone manufacturer and that this won’t change soon. The company surprised the market when it announced better than expected Q4 2009. Nokia posted a net profit of 948 million euros (1.33 billion dollars), up 64 percent from a year earlier and also increased its smartphone market share from 35% to 40%. Total unit shipment for Q4 2009 was 126.9 million phones (just for comparison only 8.7 million iPhones were sold in Q4 2009). You can check out the full earnings report here.

Source: Nokia

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Here’s something that will hopefully make people realise that Nokia is still the number one phone manufacturer and that this won’t change soon. The company…

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