MobileMonday Global

^{Nokia stock shoots up 14 per cent} Nokia market share breaks 40 per cent threshold

Nokia's share of the world market for mobile telephones has exceeded 40 per cent, according to company’s financial release Thursday.

Nokia again revealed an excellent result for both the fourth quarter of 2007 and the whole year. With its turnover of EUR 51 billion, it reports a profit of EUR 8 billion.

The mobile phone unit made a profit of more than 22 per cent in Q4/2007 and even the network venture - Nokia-Siemens Networks - broke even in Q4.

Soon after the publication of the results, Nokia's share price rose by 13 per cent. Already before the release of the information, Nokia's stock had gone up by around nine per cent in Helsinki.

Nokia continues to expect industry mobile device volumes in 2008 to grow approximately 10% from the approximately 1.14 billion units Nokia estimates for 2007.

Nokia expects its device market share in the first quarter 2008 to be approximately at the same level sequentially.

The average sales prices of mobile phones keeps on declining, Nokia believes. This is primarily reflecting the increasing impact of the emerging markets and competitive factors in general.

Nokia continues to expect very slight growth for the mobile and fixed infrastructure and related services market in euro terms in 2008.

Nokia and Nokia Siemens Networks cost synergy target for Nokia Siemens Networks is to achieve substantially all of the EUR 2.0 billion of targeted annual cost synergies by the end of 2008, as previously announced.

Nokia 2007 and 2006
EUR million	2007	2006	Change (%)
Liikevaihto	51 058	41 121	24
Mobile Phones	25 083	24 769	1
Multimedia	10 538	7 877	34
Enterprise Solutions	2 070	1 031	101
Nokia Siemens Networks	13 393	7 453
Liikevoitto	7 985	5 488	46
Mobile Phones	5 434	4 100	33
Multimedia	2 230	1 319	69
Enterprise Solutions	267	-258
Nokia Siemens Networks***	-1 308	808
Yhtymän yhteiset toiminnot	1 362	-481
Liikevoittoprosentti	15,6	13,3
Mobile Phones	21,7	16,6
Multimedia	21,2	16,7
Enterprise Solutions	12,9	-25
Nokia Siemens Networks***	-9,8	10,8
Tilikauden voitto	7 205	4 306	67
Tulos/osake EUR
Laimentamaton***	1,85	1,06	75
Laimennettu***	1,83	1,05	74

Source: Nokia

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