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Friday, May 2, 2014

Nokia Revenue Declined Up to 30 Percent, Why?


A new report from Nokia has been notified during the first quarter of 2014 which showed that the company's revenue declined about 30 percent lower than a year ago, and they called it a great momentum to retreat on a smartphone platform.

Interestingly, the amount of the fancy smartphones sold by the company is increasing very rapidly. However, many users who prefer a price - a cheaper price and a dream of the community, in this case the Lumia 520 is one of the devices.

On the other hand, the fact that it comes from Nokia Individual reinventing through its 150-year history, they still managed to earn a profit of about 750 million U.S. dollars, thanks to other sectors that experienced an increase in sales. If any of the divisions handsets and smartphones are also a big hand in achieving the target of Nokia , the company's profit will increase up to twice as much.

With the decline in revenue from the mobile device and smartphone division, apparently selling some Microsoft stock can be the best decision for the company. And it may be able to give a new breath for Nokia to continue to survive in the competitive world of smartphones and tablets is growing rapidly and is difficult to reach.

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