Nokia posts losses and weak sales in fourth quarter
Finnish telecommunications giant Nokia on Thursday reported losses of €33 million ($35.9 million) in the fourth quarter, compared to a profit of €3.15 billion 12 months prior. Loss per share was €0.01, compared to a profit of €0.56 a year ago. The latest result was impacted by an operating model change that led to non-cash remeasurement of deferred tax assets. Profit for the period was €568 million, compared €929 million a year ago. Comparable earnings p...
Source: yahoo.com