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Nokia crushes Q4, net income up 65% from last year

Updated 4 years ago
Published Jan 28th, 2010 9:08AM EST

Nokia reported its Q4 earnings, and to put it mildly, they crushed it. Nokia shipped 127 million units worldwide during Q4 which fueled net sales of €12 billion. Here are a few other highlights from the release and accompanying balance sheet:

  • Market share of 39%, up from 37% in Q4 2008
  • Q4 net income of €948 million, 26 eurocents/share, up 65% year-over-year
  • Liquid assets of €8.9 billion
  • 329 million units world wide, up 8% from last year
  • Converged device market share of 40%, up from 35% last year

All things considered a very, very productive quarter for the worlds number one in handset maker. You can view the read link for the official Nokia press release and all the raw data.