Finnish mobile phone maker Nokia has announced today its financial results for the third quarter of the ongoing year, ended September 30, 2009, and posted net sales of EUR 9.8 billion. According to the company, its net sales went down by 20 percent compared to the same time frame a year ago, and 1 percent compared to the previous quarter (at constant currency, the drop was of 19 percent year on year and stayed flat sequentially). Nokia registered an operating loss of EUR 426 million in the quarter, while its non-IFRS operating profit was of EUR 741 million, 58 percent lower than a year ago.

The company also announced that it managed to ship around 108.5 million mobile devices, marking an 8 percent decrease compared to the same quarter a year ago, but going up 5 percent from the second quarter of 2009. Nokia's market share for the third quarter of 2009 is estimated to have been of around 38 percent, the same as in Q3 2008 and in Q2 2009. According to the handset maker, the entire mobile phone market was of 288 million units in the time frame, registering a drop of 7 percent from the previous year's third quarter but marking a 5 percent increase from Q2 2009.

Nokia said that it registered Devices & Services net sales of EUR 6.9 billion during the three-month period, going down 20 percent year on year and up... ()

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