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Nokia reports 20% decline in profit

Nokia, has recorded a nearly 20% decline in profit for the last quarter of 2008. The company has also projected that sales of mobile phone devices will decrease significantly during the current year.

26 Jan 2009

Nokia net sales of 12,7 billion Euros were 19% lower that in 2007, while Devices and Services net sales of 8,1 billion Euros were down by 27%.

Read the full article on itnewsafrica.

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