Untitled
VILNIUS COLLEGE
FACULTY OF ECONOMY
Departament of Foreign languages
Permanent study section
Student of the ID12A group
Aleksandr MAKEVIČ
NOKIA CORPORATION
Business English project
Project manager lekt. Laima ABARAVIČIENĖ
Mark__________________________________
__________________________________
Content
AHISTORY WITH WORLDWIDE HERITAGE
ALWAYS ADAPTING
Over the past 150 years, Nokia has evolved from a riverside paper mill in south-western Finland to a global telecommunications leader connecting over 1.3 billion people. During that time, we’ve made rubber boots and car tyres. We’ve generated electricity. We’ve even manufactured TVs. Changing with the times, disrupting the status quo – it’s what we’ve always done. And we fully intend to keep doing it.
THE STORY SO FAR
In 1865, mining engineer Fredrik Idestam sets up his first wood pulp mill at the Tammerkoski Rapids in south-western Finland. A few years later he opens a second mill on the banks of the Nokianvirta river, which inspires him to name his company Nokia Ab in 1871.
How apt that Nokia begins by making paper – one of the most influential communications technologies in history.
Thegaloshes revolution
OK, so it’s not exactly a revolution. But in 1898, Eduard Polón founds Finnish Rubber Works, which later becomes Nokia’s rubber business, making everything from galoshes to tyres.
Nokia rubber boots become a bona fide design classic, still on sale to this day – though we no longer make them.
ELECTRONICS GO BOOM
In 1912, Arvid Wickström sets up Finnish Cable Works, the foundation of Nokia’s cable and electronics business.
By the 1960s, Finnish Cable Works – already working closely with Nokia Ab and Finnish Rubber Works – starts branching out into electronics. In 1962, it makes its first electronic device in-house: a pulse analyser for use in nuclear power plants.
In 1963, it starts developing radio telephones for the army and emergency services – Nokia’s first foray into telecommunications. In time, the company’sMikroMikko becomes the best known computer brand in Finland. And by 1987, Nokia is the third largest TV manufacturer in Europe.
THREE BECOME ONE
Having been jointly owned since 1922, Nokia Ab, Finnish Cable Works and Finnish Rubber Works officially merge in 1967. The new Nokia Corporation has five businesses: rubber, cable, forestry, electronics and power generation. But as the 1980s come into view, it’s an entirely new industry that makes Nokia a household name around the world.
By the late 1970s and early 1980s it seems everything – from Tom Selleck’s moustache to JR Ewing’s list of enemies – is seriously big. And as the mobile communications revolution starts to gather momentum, the early handsets continue the trend.
The new Nokia Corporation is ideally placed to take a pioneering role in this new industry, leading the way with some iconic – and by today’s standards, very large – products.
THE MOBILE ERA BEGINS
Nokia sets the ball rolling in 1979, creating radio telephone company Mobira Oy as a joint venture with leading Finnish TV maker Salora. 1981 then sees the launch of the Nordic Mobile Telephone (NMT) service, the world’s first international cellular network and the first to allow international roaming.
The NMT standard catches on fast and the mobile phone industry begins to expand rapidly. In 1982, Nokia introduces the first car phone – the Mobira Senator – to the network. That same year, the Nokia DX200, the company’s first digital telephone switch, goes into operation.
GOOD ENOUGH FOR GORBACHEV
In 1984, Nokia launches the Mobira Talkman portable carphone. Resembling a military field telephone, it’s a fairly cumbersome piece of kit – but it’s a start.
Then in 1987, Nokia introduces the Mobira Cityman, the first handheld mobile phone for NMT networks. Despite weighing in at 800 grams and a price tag of 24,000 Finnish Marks (around EUR 4,560), it goes on to become a classic. The Cityman even earns a nickname, the “Gorba”, after Soviet leader Mikhail Gorbachev is pictured using one to make a call from Helsinki to his communications minister in Moscow.
In 1987, GSM (Global System for Mobile communications) is adopted as the European standard for digital mobile technology. With its high-quality voice calls, international roaming and support for text messages, GSM ignites a global mobile revolution.
As a key player in developing this new technology, Nokia is able to take full advantage.
ANEW DIRECTION
On July 1, 1991, Finnish Prime Minister Harri Holkeri makes the world’s first GSM call, using Nokia equipment. And in 1992, Nokia launches its first digital handheld GSM phone, the Nokia 1011.
That same year, new Nokia President and CEO Jorma Ollila makes a crucial strategic decision: to focus exclusively on manufacturing mobile phones and telecommunications systems. Nokia’s rubber, cable and consumer electronics divisions are gradually sold off.
NAME THAT TUNE
In 1994, Nokia launches the 2100 series, the first phones to feature the Nokia Tune ringtone. Based on Gran Vals, a classical guitar piece composed by Francisco Tarrega in the 19th century, it is probably one of the most frequently played pieces of music in the world. The Nokia 2100 series goes on to sell 20 million phones worldwide. Nokia’s target had been 400,000. 1994 also sees the world’s first satellite call, made using a Nokia GSM handset. Hear Gran Vals, the inspiration for the Nokia Tune.
LISTEN NOW!SNAKE BITES!
In 1997, everybody knows their Snake high score. An instant classic, the addictive game is launched on the Nokia 6110 and by 2010 its successors are available on an estimated 350 million mobile phones.
ON TOP OF THE WORLD
By 1998, Nokia is the world leader in mobile phones. The strategic decision to focus on telecommunications, plus early investment in GSM, has paid off. Between 1996 and 2001, Nokia’s turnover increases almost fivefoldfrom EUR 6.5 billion to EUR 31 billion.
And with the new millennium comes a host of new possibilities as the internet goes mobile…
As the new millennium dawns, everything changes. New technology enables the internet to go mobile, opening up a world of possibilities for mobile users. No longer are phones just for phone calls.
MULTI-TASKING MOBILES
In 1999, Nokia launches the Nokia 7110, a phone capable of rudimentary web-based functions, including email. Then in November 2001 Nokia launches its first phone with a built-in camera, the Nokia 7650, and in September 2002 its first video capture phone, the Nokia 3650.
However, it’s when Nokia launches its first 3G phone (third generation), the Nokia 6650, in 2002 that things really take off. With 3G technology, phones can now be used to browse the web, downloadmusic, watch TV on the move, and more. Mobiles will never be the same again.
ONE BILLION AND COUNTING
In 2005, Nokia sells its billionth phone – a Nokia 1100 – in Nigeria, and global mobile phone subscriptions pass 2 billion. Two years later, Nokia is recognised as the 5th most valued brand in the world. Things have come a long way since Fredrik Idestam opened his paper mill.
TREADING LIGHTLY
For years, Nokia has been working to make its business practices and products as environmentally and socially responsible as possible – from creating eco friendly handsets and establishing phone recycling schemes to bringing the benefits of mobility to emerging markets. This commitment to sustainability is recognised in a number of prestigious rankings. For example, in 2009 and 2010, the Dow Jones Indexes ranks Nokia as the world’s most sustainable technology company.
In contrast, Nokia’s position in the mobile market faces its toughest challenge to date as competition intensifies in the burgeoning smartphone segment. Once again, the company’s ability to adapt is put to the test…
By 2010, having dominated the mobile world for over a decade, Nokia no longer has things all its own way. In the all-important smartphone market, competitors such as the iPhone and Android-based devices now pose a serious challenge. Clearly, it’s time for a rethink…
The good news is this is nothing new for Nokia. Adapting and transforming the business, finding innovative ideas and solutions, rolling up our sleeves and getting on with things: it’s in the company’s DNA.
AFRESH FACE AT THE HELM
In September 2010, Nokia appoints Stephen Elop as President and CEO. Formerly head of Microsoft’s business division, following roles at Juniper Networks and Adobe Systems Inc., Elop has a strong software background and proven record in change management.
A MEETING OF MINDS
In February 2011, Nokia announces it is joining forces with Microsoft to strengthen its position in the smartphone market. The strategic partnership sees Nokia smartphones adopting the new Windows 7 operating system, with the Symbian platform gradually being sidelined. The goal is to establish a third ecosystem to rival iOS and Android. Nokia launches it`s first Nokia with Windows phones, the Nokia Lumia 800 and the Nokia Lumia 710, in October 2011.
BUSINESSACTIVITIES (Production)
LOUNDSPEAKERS
The speaker doubles up as a wireless charger. Just put your NFC-compatible phone, or any Qi device, on top of the speaker and charge the battery as you listen. Put on party tunes as you get ready to go out. Grab your phone as you leave and you’ll have extra juice to see you through a whol night of fun.
HEADSETS
Sleek, well-designed and with soft ear cushions, the headset’s so comfortable to use you’ll almost forget you’ve got it on. No messing either. Just unfold and you’re instantly powered up and connected. With easy-to-reach controls, you’re in total command of sound and speech.
CASES COVERS (SOFT,HARD,SHELL)
Match your phone to your personality by turning it into a bespoke tailored device. Choose from a range of colours designed to suit your personality or style. So go on. Slip into something more stylish and practical.
POWER DATA
Fed up with fiddling with connectors and wires when charging your phone? We’ve made it as easy as pie. Simply put your phone down on the plate. That’s all you have to do. A light indicator shows you when your phone is fully charged and readyto take away.
CAR SET
Keep connected with work and home, and make your calls handsfree.
WIRELESS CHARGING
Think of the time spent recharging your phone. Finding the fiddly connector. Making sure it’s the right way up. Plugging it in. All now a thing of the past. Simply place on the stand and your phone charges wirelessly. When the indicator light turns off, it’s fully charged and ready for take-off.
TRIPARTITE PERFECTION
Smart Devices
Our Smart Devices team focuses on the area of smartphones and smart devices. Under our new strategy,Smart Devices is partnering with Microsoft to bring to together our respective complementary assets and expertise to build a new global mobile ecosystem for smartphones. The partnership, under which we are adopting and licensing Windows Phone from Microsoft as our primary smartphone platform, was formalized in April 2011. Nokia launched its first Windows Phone-based smartphones, bearing the Lumia name, in late 2011.
Mobile Phones
Our Mobile Phones team’s focus is on bringing a modern and affordable mobile experience to people around the world. In particular, the team leverages its innovation and strength in growth markets to provide people with an affordable Internet experience on their mobile device – in many cases, their first ever Internet experience with any computing device.
Location & Commerce
Our Location & Commerce business develops a range of location-based products and services for consumers, as well as platform services and local commerce services for device manufacturers, application developers, Internet services providers, merchants, and advertisers. The business was formed during 2011 by combining NAVTEQ, which we acquired in July 2008, with our Devices & Services social location services operations. For consumers, experiences developed by our Location & Commerce team include Nokia Maps, Nokia Drive, Nokia Transport and Nokia City Lens.
NOKIA STUFF AND STRUCTURE
Meet the team!
Chairman Stephen Elop
b. 1963
President and CEO of Nokia Corporation. Member of the Board of Directorsof Nokia Corporation. Nokia Leadership Team member and Chairman since 2010. Joined Nokia 2010.
Bachelor of Computer Engineering and Management (McMaster University, Hamilton, Canada). Doctor of Laws, honorary (McMaster University, Hamilton, Canada).
President of Microsoft Business Division and member of senior membership team of Microsoft Corporation 2008-2010. COO, Juniper Networks, Inc. 2007-2008. President, Worldwide Field Operations, Adobe Systems Inc. 2005-2006. President and CEO (last position), Macromedia Inc. 1998-2005.
Biography
Stephen Elop joined Nokia as President and Chief Executive Officer as of September 21, 2010.
Most recently, Stephen served as president of Microsoft’s Business Division and was a member of Microsoft’s senior leadership team responsible for the company’s overall strategy. In this position, he oversaw the Microsoft Office systems and other communications tools and applications forconsumers, small and mid-size businesses, as well as large organisations and enterprises.
Previously Stephen was Chief Operating Officer of Juniper Networks, a leading provider of high-performance network infrastructure. As COO, he was responsible for the company’s product groups, corporate development, global sales and service, as well as marketing and manufacturing organisations. Prior to Juniper, Stephen served as president of worldwide field operations of Adobe Systems Inc. He joined Adobe following the 2005 acquisition of Macromedia Inc., where he was president and CEO.
Previously in his career, he served in a number of executive positions, including chief information officer.
Stephen earned a bachelor’s degree in computer engineering and management from McMaster University in Hamilton, Canada, his home country, and was subsequently awarded an honorary Doctor of Laws degree.
In his spare time, Stephen enjoys his family and the many sports pursued by his five children, and he is an active pilot.
Marko Ahtisaari
b. 1969
Executive Vice President, Design. Nokia Leadership Team member since February 1, 2012. With Nokia 2002-2006, rejoined 2009.
Master of Arts in Philosophy (Graduate School of Arts and Sciences, Columbia University, New York, USA). Bachelor of Arts in Economics and Philosophy (Columbia College, New York, USA).
Senior Vice President, Design, Nokia 2009-2012. CEO and Co-founder, Dopplr 2008-2009. Head of Brand & Design, Blyk 2006-2008. Director, Design Strategy, Nokia 2005-2006. Director, Insight & Innovation, Nokia 2002 – 2004. Designer, Satama Interactive 1999-2002. Faculty Fellow, GraduateSchool of Arts and Sciences, Columbia University 1993 – 1998.
Member of the Board of Directors of Artek oy ab. Member of the Board of Directors of WITNESS.
Biography
Marko Ahtisaari is Executive Vice President of Design, reporting to the CEO. He leads the design team responsible for the industrial design and user experience design of all Nokia products. Marko has lead the team since 2009 during which time Nokia Design has created critically acclaimed products such as the Nokia N9, the Nokia Lumia 800 and the Nokia Lumia 900.
Before re-joining Nokia, Marko was CEO and co-founder of Dopplr, a social network for international travelers, and Head of Brand & Design at Blyk, an advertising-funded mobile network. Previously he served Nokia as Director of Design Strategy and held roles in corporate strategy and venturing.
Born in Helsinki, Marko was schooled in Tanzania and studied philosophy, economics, and musicat Columbia University in New York. While in New York he lectured as a fellow of the Faculty of Philosophy and played music professionally.
He serves on the Board of Directors of Artek and WITNESS.
Michael Halbherr
b. 1964
Executive Vice President, Location & Commerce. Nokia Leadership Team member since July 1, 2011. Joined Nokia 2006.
PhD. (Electrical Engineering) (ETH, Zurich, Switzerland). Work at MIT Laboratory for Computer Science (Cambridge, MA, USA).
Vice President, Ovi Product Development, Nokia Services 2010-2011. Vice President, Nokia Maps, Nokia Services 2006-2010. CEO, gate5 AG, Berlin, Germany 2001-2006. Managing Director, Europeatweb, Munich, Germany 2000-2001. Manager, The Boston Consulting Group, in the USA and Switzerland 1994-2000.
Biography
Michael heads the Location and Commerce business in Nokia, overseeing Nokia’s Location and Navigation activities, including NAVTEQ, the leading global provider of mapping assets.
The Location and Commerce business combines Nokia’s global footprint and social location services product portfolio with its NAVTEQ subsidiary’s leading mapping assets.
Michael is a recognised authority in the industry.
Prior to joining Nokia in 2006, he held positions at the Boston Consulting Group and at europatweb, the internet investment vehicle of Groupe Arnault, overseeing all technology investments.
In 2001, Michael became CEO of gate5 AG, a leading supplier of mapping, routing and navigation software and services globally. In 2006, gate5 was acquired by Nokia.
Since joining Nokia, Michael has held different senior positionswithin Nokia’s Services organisation. Most recently, he was head of the Product sub-unit in Nokia’s Services business, based in Berlin, responsible for integration of all services, including product development, marketing, road mapping and deployment efforts across Nokia.
He holds a PhD in electrical engineering from ETH Zurich, spending four years at the MIT Laboratory for Computer Science.
Swiss born Michael (1964) is married and has two children. Living in Berlin, Germany, he enjoys riding his motorbike, skiing and reading history books in his spare time.
Jo Harlow
b. 1962
Executive Vice President, Smart Devices. Nokia Leadership Team member since February 11, 2011. Joined Nokia 2003.
Bachelor of science (psychology) (Duke University, Durham, North Carolina, USA).
Senior Vice President, Symbian Smartphones,Mobile Solutions, Nokia 2010-2011. Senior Vice President, Smartphones Product Management, Nokia 2009. Vice President, Live Category, Nokia 2008-2009. Senior Vice President, Marketing, Mobile Phones, Nokia 2006-2007. Vice President, Marketing, North America, Mobile Phones, Nokia 2003-2005. Marketing, sales and management roles at Reebok 1992-2003 and Procter & Gamble 1984-1992.
Biography
Jo Harlow is Nokia’s executive vice president in charge of Smart Devices, responsible for the business and product development of Nokia’s smartphones and other high-end devices. She joined Nokia in 2003 and was named to the Nokia Leadership Team in February 2011. Jo reports to the CEO.
During her Nokia career, Jo has served as vice president of Mobile Phones marketing for North America and as senior vice president, global Mobile Phones marketing. Before being appointed to her current role in July 2010, she was senior vice president of Symbian smartphones, and held various other product management and development roles.
Before joining Nokia, Jo held marketing, sales and management roles at Reebok and Procter & Gamble.
Jo earned a bachelor of science degree in psychology from Duke University in Durham, North Carolina, where she also captained Duke’s women’s basketball team.
Jo was born Oct. 27, 1962, in Kentucky. She is married and in her spare time enjoys travel, sports and exploring new wines.
Timo Ihamuotila
b. 1966
Executive Vice President, Chief Financial Officer. Nokia Leadership Team member since 2007. With Nokia 1993-1996, rejoined 1999.
Master of Science (Economics) (Helsinki School of Economics). Licentiateof Science (Finance) (Helsinki School of Economics).
Executive Vice President, Sales, Markets, Nokia 2008-2009. Executive Vice President, Sales and Portfolio Management, Mobile Phones, Nokia 2007. Senior Vice President, CDMA Business Unit, Mobile Phones, Nokia 2004-2007. Vice President, Finance, Corporate Treasurer, Nokia 2000-2004. Director, Corporate Finance, Nokia 1999-2000. Vice President of Nordic Derivates Sales, Citibank plc. 1996-1999. Manager, Dealing & Risk Management, Nokia 1993-1996. Analyst, Assets and Liability Management, Kansallis Bank 1990-1993.
Member of the Board of Directors of Nokia Siemens Networks B.V. Member of the Board of Directors of Central Chamber of Commerce of Finland.
Biography
Timo Ihamuotila is Nokia’s executive vice president and chief financial officer. He is broadly responsible for financial issues, including investor relations, mergers and acquisitions, business improvement, treasuryand indirect sourcing. He has been a member of the Nokia Leadership Team since 2007, and was appointed to his current position in November 2009. He reports to the CEO.
Timo joined Nokia in 1993 as a manager in the Dealing and Risk Management unit. In 1999, after three years away, he rejoined Nokia as director of Corporate Finance, and the following year was named vice president, Finance, and corporate treasurer.
In 2004, he was appointed senior vice president of Nokia’s CDMA business, based in San Diego, California. In 2007, he was appointed executive vice president of sales and portfolio management in Mobile Phones, and was named Nokia’s head of global sales the following year.
Timo also serves on the board of Nokia Siemens Networks.
Before joining Nokia, Timo worked as an analyst for Kansallis Bank in Helsinki and for Citibank as vice president of Nordic derivates sales.
Timo holds graduate degrees in economics and finance, having completed all doctoral courses in finance at Helsinki School of Economics.
Timo was born on April 21, 1966, in Helsinki, Finland. He is married and has three children. In his spare time, he enjoys tennis, skiing, reading and spending time with his family.
Louise Pentland
b. 1972
Executive Vice President, Chief Legal Officer. Nokia Leadership Team member since February 11, 2011. Joined Nokia 1998.
LL.B honours (law degree) (Newcastle upon Tyne). Qualified and active Solicitor (England and Wales). Licensed attorney (Member of the New York Bar).
Senior Vice President and Chief Legal Officer, Nokia 2008-2010. Acting Chief Legal Officer, Nokia 2007-2008. Vice Presidentand Head of Legal, Enterprise Solutions, Nokia 2004-2007. Senior Legal Counsel, Nokia Networks 1998-2004. Before joining Nokia, corporate in-house legal positions at Avon Cosmetics Ltd. And law firm positions prior to that in the United Kingdom.
Member of Association of General Counsel, CLO Roundtable – Europe, Global Leaders in Law, Corporate Counsel Forum. Vice chair of the International Bar Association.
Biography
Louise Pentland is executive vice president, Legal and Intellectual Property, responsible for Nokia’s legal matters and protecting and enforcing the company’s vast portfolio of patents and other intellectual property. She was appointed to her position in July 2008 and was named to the Nokia Leadership Team in February 2011. Louise reports to the CEO.
Louise joined Nokia Networks in the United Kingdom in 1998 and in 2004 she was appointed vice president and head of the global legal team at the Enterprise Solutionsunit. Louise was named acting chief legal officer in Sept 2007.
Before joining Nokia, Louise held corporate in-house legal positions after working in corporate private practice in the United Kingdom. She is a member of several legal forums and organisations, including the Association of General Counsels, Chief Legal Officer’s Roundtable and Global Leaders in Law. Louise also serves as vice chair of the International Bar Association, Corporate Counsel Forum.
She holds an LL.B (honours) law degree and is a qualified and active Solicitor in England and Wales. Louise is also a licensed attorney and is an active member of the New York Bar.
Juha Putkiranta
b. 1957
Executive Vice President, Operations. Nokia Leadership Team member effective July 1, 2012. Joined Nokia in 1997.
Master of Science (Eng.) (Helsinki University of Technology). Majors in Industrial Economics and Information Technology.
Senior Vice President, Supply Chain, Nokia 2007-2012. Senior Vice President, Multimedia Computers, Nokia 2004-2007. Senior Vice President, Imaging Business Unit, Nokia 2002-2004. Senior Vice President, Cellular Telephone Business Unit, Nokia 2000-2002. Vice President, Corporate Planning and Business Development 1997-2000. Holder of managerial positions at Hewlett-Packard Company 1986-1997.
Biography
Juha Putkiranta, Executive Vice President, Operations, is responsible for Nokia’s supply chain, factories, sourcing, Care, customer logistics, master planning and information technology. He has been a member of the Nokia Leadership Team since 2012 and reportsto the CEO.
He joined Nokia in 1997 and has held several senior positions in business management, strategy and business development, including Senior Vice President, Demand Supply Network Management, Senior Vice President, Multimedia Computers, Senior Vice President, Imaging Business Unit, and Senior Vice President, Cellular Telephone Business Unit.
Before joining Nokia, Juha spent 10 years with Hewlett-Packard Company in Finland and the Netherlands, in roles ranging from business management to marketing.
He is married with two children, and enjoys golfing, fishing and motorcycling in his spare time.
Henry Tirri
b. 1956
Executive Vice President, Chief Technology Officer. Nokia Leadership Team member since September 22, 2011. Joined Nokia 2004.
Ph.D. (computer science) (University of Helsinki). Dr. h.c. (University of Tampere).
Headof Nokia Research Center (NRC), CTO Office 2008-2011. Head of NRC Systems Research laboratory 2007-2008. Nokia Research Fellow 2004-2007.
Adjunct Professor in computer science (University of Helsinki). Adjunct Professor in computational engineering (Aalto University, Helsinki). Member of the Industry Advisory Board of IEEE Computer Society. Member of the Scientific Advisory Board of Institute for Infocom Research. Member of the international Advisory Committee of Tsinghua National Laboratory for Information Science and Technology.
Biography
Henry Tirri is Nokia’s chief technology officer and an executive vice president, responsible for setting Nokia’s technology agenda both now and in the future and driving core innovation to enable business development opportunities. He joined Nokia in 2004 and was named to the Nokia Leadership Team in September 2011. He reports to the CEO.
Henry began his Nokia career as a Research Fellow and was leading Nokia Research Centre (NRC) Systems Research laboratory before being appointed Head of NRC.
Before joining Nokia, Henry was a Professor of Computer Science and Head of the Graduate School and the Intelligent Systems Laboratory at the University of Helsinki, from 1998-2004. Previous positions also include working as a Visiting Scholar at the University of Texas at Austin, Research Scientist at Microelectronics and Computer Technology Corporation (MCC), Member of Technical Staff at AT&T Bell Laboratories, and Visiting Scientist at NASA AMES.
Henry has been a Visiting Professor at Stanford University and the University of California at Berkeley. He is the author and co-author of more than 175 academic papers in various fields of computer science, social sciences and statisticsand holds five patents. He is also the co-founder of Ekahau, a recognized leader in location-enabling enterprise Wi-Fi networks.
He holds a Ph.D. degree in computer science from the University of Helsinki.
Henry is married and has three daughters. He lives in California and in his spare time enjoys opera, fly-fishing and snowboarding.
Timo Toikkanen
b. 1966
Executive Vice President, Mobile Phones. Nokia Leadership Team member effective July 1, 2012. Joined Nokia in 1995.
Master of Law degree (University of Helsinki in Finland). Master of Law degree (King’s College in London).
Head of Business Development, Nokia 2011-2012. Senior Vice President, Strategic Business Operations, Nokia 2010-2011. Senior Vice President, Sales, Distribution East, Nokia 2000-2010. Senior Vice President, Middle East and Africa-Customer and MarketOperations, Nokia 2005-2008. Vice President, Greater China Mobile Phones Sales, Nokia, Vice President, Sales, China South Mobile Phones, Nokia 2001-2002. General Manager, Hong Kong and Macao, Nokia 2000-2001.
Biography
Timo Toikkanen, Executive Vice President, Mobile Phones, is responsible for the business and product development of Nokia’s global mobile phone operations. He has been a member of the Nokia Leadership Team since 2012 and reports to the CEO.
He joined Nokia in 1995, and has spent much of his career in a variety of executive roles spearheading Mobile Phones sales growth in Asia, the Middle East and Africa.
After establishing legal operations for Mobile Phones in Nokia’s Asia-Pacific regional office in Singapore, Timo assumed a variety of executive positions in Mobile Phones including General Manager, Hong Kong and Macao, Vice President of Sales, China South, Vice President, Greater China Sales, Senior Vice President, Middle East and Africa, Customer and Market Operations, and Senior Vice President, Distribution West. He also served as Senior Vice President, Strategic Business Operations, and most recently as Head of Business Development for Nokia.
Timo has served as chairman of the Hong Kong Finnish Business Council and as vice chairman of the European Chamber of Commerce in Hong Kong. He is a member of the Advisory Committee of the Hong Kong Wireless Technology Industry Association.
He is married with two children, and enjoys football in his spare time.
Chris Weber
b. 1965
Executive Vice President, Sales and Marketing. Nokia Leadership Team member, effective July 1, 2012. Joined Nokia in 2011.
Bachelordegree in business administration (economics and computer science) ( Mount Union College, Alliance, Ohio, USA).
Senior Vice President of Markets, Americas, Nokia 2011-2012. CEO of own sales consulting business, 2010-2011. Holder of several executive sales and marketing positions during a 15-year career at Microsoft, including corporate vice president, U.S. Enterprise and Partner Group, and overseeing national sales strategy, sales operations, enterprise partners and vertical industry strategy.
Biography
Chris Weber is Nokia’s Executive Vice President in charge of global sales and marketing. He joined Nokia in 2011 as a Senior Vice President, Markets, to lead the company’s re-entry into the North American market. He was named to the Nokia Leadership Team, effective July 1, 2012. Chris reports to the CEO.
Prior to Nokia, Chris was at Microsoft for 15 years and held several executive positions in sales, marketing and professionalservices. As Corporate Vice President leading Microsoft’s U.S. Enterprise and Partner Group, he lead enterprise sales and marketing across the U.S., serving about 1,500 enterprise clients and working closely with managed partners and independent software vendors. Through a number of earlier roles at Microsoft, Chris oversaw national sales strategy, sales operations, enterprise partners and vertical industry strategy, as well as sales and marketing for a variety of divisions.
Earlier in his career, Chris served internationally, directing Microsoft’s Small & Medium Enterprise Group in Canada, where he managed channel relationships as well as Canadian resellers and distributors.
He earned a bachelor’s degree in business administration with an emphasis in economics and computer science from Mount Union College, Alliance, Ohio, USA.
Chris is married with two children. In his spare time, he enjoys cycling and golf.
Juha Äkräs
b. 1965
Executive Vice President, Human Resources. Nokia Leadership Team member since 2010. Joined Nokia 1993.
Master of Science (Eng.) (Helsinki University of Technology).
Senior Vice President, Human Resources, Nokia 2006-2010. Vice President, Global Operational Human Resources, Nokia 2005-2006. Senior Vice President and General Manager, Core Networks, Nokia Networks 2003-2005. Vice President and General Manager, IP Networks, Nokia Networks 2002-2003. Vice President, Strategy and Business Development, Nokia Networks 2000-2001. Vice President, Customer Services APAC, Nokia Telecommunications 1997-1999. Head of Marketing and Business Development, Customer Services, Nokia Telecommunications 1995-1996. Business DevelopmentManager and Controller, Customer Services, Nokia Cellular Systems 1994-1995. Project Manager, Nokia Telecom AB (Sweden) 1993-1994.
Member of the Board of Directors of Nokia Siemens Networks B.V. Member of the Board of Directors of Confederation of Finnish Industries (EK).
Biography
Juha Äkräs is Nokia’s executive vice president, Human Resources, responsible for the company’s talent management, resourcing and development, performance management and organisational development.
Äkräs was named to the Nokia Leadership Team in April 2010. He reports to the CEO.
He started his career at Nokia in 1993 and has held several regional and global roles. Juha served in leadership positions spanning business, strategy, customer services, marketing and finance before he moved to Human Resources in 2005.
Juha holds a master’s degree in engineering from Helsinki University of Technology.
Juha was bornon January 16, 1965, in Helsinki, Finland. He is married and has one daughter, and in his spare time he enjoys reading, sports and outdoor activities
Dr. Kai Öistämö
b. 1964
Executive Vice President, Chief Development Officer. Nokia Leadership Team member since 2005. Joined Nokia 1991.
Doctor of Technology (Signal Processing). Master of Science (Engineering) (Tampere University of Technology).
Executive Vice President, Devices, Nokia 2007-2010. Executive Vice President and General Manager of Mobile Phones, Nokia 2005-2007. Senior Vice President, Business Line Management, Mobile Phones, Nokia 2004-2005. Senior Vice President, Mobile Phones Business Unit, Nokia Mobile Phones 2002-2003. Vice President, TDMA/GSM 1900 Product Line, Nokia Mobile Phones 1999-2002. Vice President, TDMA Product Line 1997-1999. Various technical and managerial positions in Nokia Consumer Electronics and Nokia Mobile Phones 1991-1997.
Member of the Board of Directors of Sanoma Corporation. Member of the Board of Directors of University of Tampere. Chairman of the Board of The Funding Agency for Technology and Innovation (TEKES).
Biography
Kai Öistämö is Nokia’s executive vice president in charge of Corporate Development. He is responsible for corporate strategy, strategic alliances and partnerships, quality and capability development as well as corporate business development activities including Vertu, Nokia’s luxury mobile devices brand and the Mobile Financial Services business. A member of the Nokia Leadership Team since 2005, Kai was appointed to his current position in July 2010 and reports to the CEO.
Kai joined Nokia in 1991 andheld several managerial and technical positions at the former Nokia Consumer Electronics unit. In 1995, he was named product manager, Nokia Mobile Phones. Two years later, he was promoted to vice president, TDMA Business Line. He was named senior vice president, Nokia Mobiles Phones, in 2002, before being appointed executive vice president and general manager of Mobile Phones. He later was appointed to head Nokia’s Devices unit, a position he held until assuming his current role.
Kai holds a doctorate degree in technology and a master’s degree in engineering from Tampere University of Technology in Finland. He is chairman of the board of Tekes and also serves on the board of Sanoma Corporation and University of Tampere.
He was born on September 29, 1964, in Turku, Finland. Kai is married with three children and is active in sports, including tennis, skiing and golf.
NOKIA CORPORATION STRUCTURE
NOKIA CORPORATION FINANCIAL STATUS
(Q4 2011, January 26 2012 – Q3 2012, October 18 2012)
Nokia Corporation January 26, 2012 at 13:00 (CET +1)
Nokia Q4 2011 net sales EUR 10.0 billion, non-IFRS EPS EUR 0.06 (reported EPS EUR -0.29) Nokia 2011 net sales EUR 38.7 billion, non-IFRS EPS EUR 0.29 (reported EPS EUR -0.31)
Accelerating investment in Lumia range of smartphones, having sold well over 1 million Lumia devices to date
Solid Q4 performance in mobile phones
Strong balance sheet, with net cash and other liquid assets of EUR 5.6 billion at end of Q4 2011
Nokia Board of Directors will propose a ividendo f EUR 0.20 per share for 2011 (EUR 0.40 per share for 2010)
1 table
Reported and Non-IFRS fourth quarter 2011 results1 |
|||||
YoY |
QoQ |
||||
EUR million |
Q4/2011 |
Q4/2010 |
Change |
Q3/2011 |
Change |
Nokia |
|||||
Net sales |
10 005 |
12 651 |
-21% |
8 980 |
11% |
Operating profit |
-954 |
884 |
-71 |
||
Operating profit (non-IFRS) |
478 |
1090 |
-56% |
252 |
90% |
EPS, EUR diluted |
-0.29 |
0.20 |
-0.02 |
||
EPS, EUR diluted (non-IFRS)2 |
0.06 |
0.22 |
-73% |
0.03 |
100% |
Net cash from operating activities |
634 |
2436 |
-74% |
852 |
-25% |
Net cash and other liquid assets3 |
5 581 |
6 996 |
-20% |
5 067 |
10% |
Devices & Services4 |
|||||
Net sales |
5 997 |
8 499 |
-29% |
5 392 |
11% |
Smart Devices net sales |
2 747 |
4 396 |
-38% |
2 194 |
25% |
Mobile Phones net sales |
3 040 |
3 948 |
-23% |
2 915 |
4% |
Mobile device volume (mn units) |
113.5 |
123.7 |
-8% |
106.6 |
6% |
Smart Devices volume (mn units) |
19.6 |
28.6 |
-31% |
16.8 |
17% |
Mobile Phones volume (mn units) |
93.9 |
95.0 |
-1% |
89.8 |
5% |
Mobile device ASP5 |
53 |
69 |
-23% |
51 |
4% |
Smart Devices ASP5 |
140 |
154 |
-9% |
131 |
7% |
Mobile Phones ASP5 |
32 |
42 |
-24% |
32 |
0% |
Operating profit |
203 |
1 082 |
-81% |
168 |
22% |
Operating profit (non-IFRS) |
292 |
1 025 |
-72% |
258 |
13% |
Operating margin % |
3.4% |
12.7% |
3.1% |
||
Operating margin % (non-IFRS) |
4.9% |
12.1% |
4.8% |
||
Location & Commerce6 |
|||||
Net sales |
306 |
265 |
15% |
282 |
9% |
Operating profit |
-1 205 |
-148 |
-85 |
||
Operating profit (non-IFRS) |
29 |
-29 |
28 |
4% |
|
Operating margin % |
-393.8% |
-55.8% |
-30.1% |
||
Operating margin % (non-IFRS) |
9.5% |
-10.9% |
9.9% |
||
Nokia Siemens Networks7 |
|||||
Net sales |
3 815 |
3 961 |
-4% |
3 413 |
12% |
Operating profit |
67 |
1 |
-114 |
||
Operating profit (non-IFRS) |
176 |
145 |
21% |
6 |
|
Operating margin % |
1.8% |
0.0% |
-3.3% |
||
Operating margin % (non-IFRS) |
4.6% |
3.7% |
0.2% |
Nokia Corporation April 19, 2012 at 13:00 (CET +1)
Nokia Corporation Q1 2012 Interim Report
FINANCIAL AND OPERATING HIGHLIGHTS
Q1 2012 net sales of EUR 7.4 billion (Q1 2011: EUR 10.4 billion)
Non-IFRS EPS of EUR -0.08 and reported EPS of EUR -0.25
Losses incurred due to greater than expected competitive challenges and seasonality; reported losses also primarily driven by charges related to restructuring activities
Implementation of smartphone strategy proceeding:
o Expansion of Lumia portfolio to cover higher and lower price points (Lumia 900 and Lumia 610 announced in Q1)
o Expansion of geographic coverage to 45 countries currently (31 new countries in Q1) o Encouraging launch of Lumia 900 with AT&T in US in April
Renewing feature phone portfolio with 7 new Asha products ramping up
Taking action to drive improvements in the trajectory of Lumia sales and to support feature phone sales
Plans to accelerate and substantially deepen Devices & Services cost savings, consistent with strategic focus. Nokia will share further details as quickly as possible.
Balance sheet remains strong with EUR 9.8 billion of gross cash at end-Q1; EUR 4.9 billion of net cash at end-Q1
Estimates that current annual IPR royalty income run-rate is approximately EUR 0.5 billion
SUMMARY FINANCIAL INFORMATION
2 table
Reported and Non-IFRS first quarter 2012 results1,2 |
|||||
YoY |
QoQ |
||||
EUR million |
Q1/2012 |
Q1/2011 |
Change |
Q4/2011 |
Change |
Nokia |
|||||
Net sales |
7 354 |
10 399 |
-29% |
10 005 |
-26% |
Operating profit |
-1 340 |
439 |
-954 |
||
Operating profit (non-IFRS) |
-260 |
704 |
478 |
||
EPS, EUR diluted |
-0.25 |
0.09 |
-0.29 |
||
EPS, EUR diluted (non-IFRS)3 |
-0.08 |
0.13 |
0.06 |
||
Net cash from operating activities |
-590 |
-173 |
634 |
||
Net cash and other liquid assets4 |
4 872 |
6 372 |
-24% |
5 581 |
-13% |
Devices & Services5 |
|||||
Net sales |
4 246 |
7 087 |
-40% |
5 997 |
-29% |
Smart Devices net sales |
1 704 |
3 528 |
-52% |
2 747 |
-38% |
Mobile Phones net sales |
2 311 |
3 407 |
-32% |
3 040 |
-24% |
Mobile device volume (mn units) |
82.7 |
108.5 |
-24% |
113.5 |
-27% |
Smart Devices volume (mn units) |
11.9 |
24.2 |
-51% |
19.6 |
-39% |
Mobile Phones volume (mn units) |
70.8 |
84.3 |
-16% |
93.9 |
-25% |
Mobile device ASP6 |
51 |
65 |
-22% |
53 |
-4% |
Smart Devices ASP6 |
143 |
146 |
-2% |
140 |
2% |
Mobile Phones ASP6 |
33 |
40 |
-18% |
32 |
3% |
Operating profit |
-219 |
729 |
203 |
||
Operating profit (non-IFRS) |
-127 |
733 |
292 |
||
Operating margin % |
-5.2% |
10.3% |
3.4% |
||
Operating margin % (non-IFRS) |
-3.0% |
10.3% |
4.9% |
||
Location & Commerce5 |
|||||
Net sales |
277 |
232 |
19% |
306 |
-9% |
Operating profit |
-94 |
-132 |
-1 205 |
||
Operating profit (non-IFRS) |
36 |
-16 |
29 |
24% |
|
Operating margin % |
-33.9% |
-56.9% |
-393.8% |
||
Operating margin % (non-IFRS) |
12.9% |
-6.9% |
9.5% |
||
Nokia Siemens Networks5, 7 |
|||||
Net sales |
2 947 |
3 171 |
-7% |
3 815 |
-23% |
Operating profit |
-1 005 |
-142 |
67 |
||
Operating profit (non-IFRS) |
-147 |
3 |
176 |
||
Operating margin % |
-34.1% |
-4.5% |
1.8% |
||
Operating margin % (non-IFRS) |
-5.0% |
0.1% |
4.6% |
Nokia Corporation |
July 19, 2012 at 13:00 (CET +1) |
Nokia Corporation Q2 2012 Interim Report
FINANCIAL AND OPERATING HIGHLIGHTS
Nokia net sales in Q2 2012 were EUR 7.5 billion, up from EUR 7.4 billion in Q1 2012
Nokia Devices & Services Q2 net sales decreased 5% quarter-on-quarter.
Lumia Q2 volumes increased quarter-on-quarter to 4 million units.
Mobile Phones Q2 volumes increased quarter-on-quarter and year-on-year to 73 million units.
Nokia non-IFRS EPS in Q2 2012 of EUR -0.08, level with Q1 2012; reported EPS EUR -0.38
Reported EPS adversely affected by non-cash valuation allowances related to deferred tax assets* of EUR 800 million, inventory-related allowances, and restructuring related charges.
Devices & Services Q2 non-IFRS operating margin negative 9.1%, adversely affected by EUR 220 million of inventory-related allowances for our Lumia, Symbian and MeeGo devices. Smart Devices Q2 gross margin and contribution adversely affected by the inventory-related allowances. Q3 expected to be a challenging quarter in Smart Devices due to product transitions.
Nokia Siemens Networks returned to non-IFRS operating profitability in Q2; restructuring progressing well and company seeing continued progress against new strategy that focuses on key markets and product segments.
Both gross and net cash higher year-on-year
Nokia ended Q2 with gross cash of EUR 9.4 billion and net cash of EUR 4.2 billion.
Net cash lower quarter-on-quarter, after EUR 742 million annual dividend payment to shareholders.
Nokia Q2 net cash from operating activities of positive EUR 102 million, including receipt of EUR 400 million pre-payments from existing IPR licenses.
SUMMARY FINANCIAL INFORMATION
3 table
Reported and Non-IFRS second quarter 2012 |
|||||
results1,2,3 |
|||||
YoY |
QoQ |
||||
EUR million |
Q2/2012 |
Q2/2011 |
Change |
Q1/2012 |
Change |
Nokia |
|||||
Net sales |
7 542 |
9 275 |
-19% |
7 354 |
3% |
Operating profit |
-826 |
-487 |
-1 340 |
||
Operating profit (non-IFRS) |
-327 |
391 |
-260 |
||
EPS, EUR diluted |
-0.38 |
-0.10 |
-0.25 |
||
EPS, EUR diluted (non-IFRS)4 |
-0.08 |
0.06 |
-0.08 |
||
Net cash from operating activities |
102 |
-176 |
-590 |
||
Net cash and other liquid assets5 |
4 197 |
3 891 |
8% |
4 872 |
-14% |
Devices & Services6 |
|||||
Net sales |
4 023 |
5 467 |
-26% |
4 246 |
-5% |
Smart Devices net sales |
1 541 |
2 351 |
-34% |
1 704 |
-10% |
Mobile Phones net sales |
2 291 |
2 568 |
-11% |
2 311 |
-1% |
Mobile device volume (mn units) |
83.7 |
88.5 |
-5% |
82.7 |
1% |
Smart Devices volume (mn units) |
10.2 |
16.7 |
-39% |
11.9 |
-14% |
Mobile Phones volume (mn units) |
73.5 |
71.8 |
2% |
70.8 |
4% |
Mobile device ASP7 |
48 |
62 |
-23% |
51 |
-6% |
Smart Devices ASP7 |
151 |
141 |
7% |
143 |
6% |
Mobile Phones ASP7 |
31 |
36 |
-14% |
33 |
-6% |
Operating profit |
-474 |
-216 |
-219 |
||
Operating profit (non-IFRS) |
-365 |
400 |
-127 |
||
Operating margin % |
-11.8% |
-4.0% |
-5.2% |
||
Operating margin % (non-IFRS) |
-9.1% |
7.3% |
-3.0% |
||
Location & Commerce6 |
|||||
Net sales |
283 |
271 |
4% |
277 |
2% |
Operating profit |
-95 |
-104 |
-9% |
-94 |
1% |
Operating profit (non-IFRS) |
41 |
7 |
486% |
36 |
14% |
Operating margin % |
-33.6% |
-38.4% |
-33.9% |
||
Operating margin % (non-IFRS) |
14.5% |
2.6% |
12.9% |
||
Nokia Siemens Networks6, 8 |
|||||
Net sales |
3 343 |
3 642 |
-8% |
2 947 |
13% |
Operating profit |
-227 |
-111 |
-1 005 |
||
Operating profit (non-IFRS) |
27 |
40 |
-33% |
-147 |
|
Operating margin % |
-6.8% |
-3.0% |
-34.1% |
||
Operating margin % (non-IFRS) |
0.8% |
1.1% |
-5.0% |
||
Nokia Corporation |
October 18, 2012 at 13:00 (CET +1) |
Nokia Corporation Q3 2012 Interim Report
FINANCIAL AND OPERATING HIGHLIGHTS
Nokia Group non-IFRS EPS in Q3 2012 of EUR -0.07, reported EPS EUR -0.26
Nokia Group achieves operating profitability on an underlying basis, with Q3 non-IFRS operating margin of 1.1%.
Nokia Siemens Networks non-IFRS operating margin significantly improved quarter-on-quarter and year-on-year to 9.2% in Q3; company executing well on restructuring and strategy that focuses on key markets and product segments.
Devices & Services Q3 non-IFRS operating margin improved quarter-on-quarter to negative 7.4%.
Nokia Group ended Q3 with gross cash of EUR 8.8 billion and net cash of EUR 3.6 billion.
Nokia Group Q3 net cash from operating activities of negative EUR 429 million, including cash outflows related to restructuring activities of approximately EUR 390 million.
Nokia Group net sales in Q3 2012 were EUR 7.2 billion, down from EUR 7.5 billion in Q2 2012
Nokia Siemens Networks net sales increased quarter-on-quarter and year-on-year to EUR 3.5 billion.
Lumia Q3 volumes decreased quarter-on-quarter to 2.9 million units, as we shared the exciting innovation ahead with our new line of Lumia products.
Mobile Phones Q3 volumes increased quarter-on-quarter to 77 million units; strong sales start for new Asha full touch smartphones, with
volumes of 6.5 million units.
Nokia Corporation October 18, 2012 at 13:00 (CET +1)
SUMMARY FINANCIAL INFORMATION
4 table
Reported and Non-IFRS third quarter 2012 results1,2,3 |
|||||
YoY |
QoQ |
||||
EUR million |
Q3/2012 |
Q3/2011 |
Change |
Q2/2012 |
Change |
Nokia |
|||||
Net sales |
7 239 |
8 980 |
-19% |
7 542 |
-4% |
Operating profit |
-576 |
-71 |
-826 |
||
Operating profit (non-IFRS) |
78 |
252 |
-69% |
-327 |
|
Operating margin % |
-8.0% |
-0.8% |
-11.0% |
||
Operating margin % (non-IFRS) |
1.1% |
2.8% |
-4.3% |
||
EPS, EUR diluted |
-0.26 |
-0.02 |
-0.38 |
||
EPS, EUR diluted (non-IFRS)4 |
-0.07 |
0.03 |
-0.08 |
||
Net cash from operating activities |
-429 |
852 |
102 |
||
Net cash and other liquid assets5 |
3 564 |
5 067 |
-30% |
4 197 |
-15% |
Devices & Services6 |
|||||
Net sales |
3 563 |
5 392 |
-34% |
4 023 |
-11% |
Smart Devices net sales |
976 |
2 194 |
-56% |
1 541 |
-37% |
Mobile Phones net sales |
2 366 |
2 915 |
-19% |
2 291 |
3% |
Mobile device volume (mn units) |
82.9 |
106.6 |
-22% |
83.7 |
-1% |
Smart Devices volume (mn units) |
6.3 |
16.8 |
-63% |
10.2 |
-38% |
Mobile Phones volume (mn units) |
76.6 |
89.8 |
-15% |
73.5 |
4% |
Mobile device ASP7 |
43 |
51 |
-16% |
48 |
-10% |
Smart Devices ASP7 |
155 |
131 |
18% |
151 |
3% |
Mobile Phones ASP7 |
31 |
32 |
-3% |
31 |
0% |
Operating profit |
-683 |
168 |
-474 |
||
Operating profit (non-IFRS) |
-263 |
258 |
-365 |
||
Operating margin % |
-19.2% |
3.1% |
-11.8% |
||
Operating margin % (non-IFRS) |
-7.4% |
4.8% |
-9.1% |
||
Location & Commerce6 |
|||||
Net sales |
265 |
282 |
-6% |
283 |
-6% |
Operating profit |
-56 |
-85 |
-95 |
||
Operating profit (non-IFRS) |
37 |
28 |
32% |
41 |
-10% |
Operating margin % |
-21.1% |
-30.1% |
-33.6% |
||
Operating margin % (non-IFRS) |
14.0% |
9.9% |
14.5% |
||
Nokia Siemens Networks6 |
|||||
Net sales |
3 501 |
3 413 |
3% |
3 343 |
5% |
Operating profit |
182 |
-114 |
-227 |
||
Operating profit (non-IFRS) |
323 |
6 |
27 |
||
Operating margin % |
5.2% |
-3.3% |
-6.8% |
||
Operating margin % (non-IFRS) |
9.2% |
0.2% |
0.8% |
FINANCIAL HIGHLIGHTS
2011 EURm |
2010 EURm |
Change % |
|
Net sales |
38,659 |
42,446 |
-9% |
Gross profit |
11,319 |
12,817 |
-12% |
Gross margin, % |
29.3% |
30.2% |
|
Research & development expenses |
5,612 |
5,863 |
-4% |
Sales and Marketing expenses |
3,791 |
3,877 |
-2% |
Operating profit |
-1,073 |
2,070 |
|
Operating profit (non IFRS) |
1,825 |
3,204 |
-43% |
Operating margin (non IFRS), % |
4.7% |
7.5% |
|
Profit before taxes |
-1,198 |
1,786 |
|
Profit attributable to equity holders of the parent |
-1,164 |
1,850 |
|
Net cash from operating activities |
1,137 |
4,774 |
-76% |
Net cash and other liquid assets |
5,581 |
6,996 |
-20% |
MARKETS (by continents)
10 MAJOR MARKETS (COUNTRIES), NET SALES
5 table
2010 EURm |
2009 EURm |
|
China |
7,149 |
5,990 |
India |
2,952 |
2,809 |
Germany |
2,019 |
1,733 |
Russia |
1,744 |
1,528 |
USA |
1,630 |
1,731 |
Brazil |
1,506 |
1,333 |
UK |
1,470 |
1,916 |
Spain |
1,313 |
1,408 |
Italy |
1,266 |
1,252 |
Indonesia |
1,157 |
1,458 |
SHARE DATA
2011 EUR |
2010 EUR |
Change % |
|
Earnings per share, basic |
-0.31 |
0.50 |
|
Earnings per share (non IFRS), basic |
0.29 |
0.61 |
-52% |
Dividend per share |
0.20* |
0.40 |
-50% |
Average number of shares (basic, 1000 shares) |
3,708,816 |
3,708,816 |
SEGMENT INFORMATION
2011 EURm |
2010 EURm |
Change % |
|
Devices & Services |
|||
Net sales |
23,943 |
29,134 |
-18% |
Operating profit (non IFRS) |
1,683 |
3,162 |
-47% |
Operating margin (non IFRS), % |
7.0% |
10.9% |
|
Location & Commerce |
|||
Net sales |
1,091 |
869 |
26% |
Operating profit (non IFRS) |
48 |
-173 |
|
Operating margin (non IFRS), % |
4.4% |
-19.9% |
|
Nokia Siemens Networks |
|||
Net sales |
14,041 |
12,661 |
11% |
Operating profit (non IFRS) |
225 |
95 |
137% |
Operating margin (non IFRS), % |
1.6% |
0.8% |
PUBLIC RELATION AND SOCIAL LIFE CONNECTION
Education
At Nokia we believe everyone deserves access to education. Yet millions of people around the world are excluded from learning opportunities for a variety of reasons – from their geographical location to their gender or their financial circumstances. Nokia believes mobile technology has the power to change this situation.
A global challenge
Around the world, 759 million adults – some 16 percent of the global population aged 15 and over – lack the basic reading, writing and numeracy skills needed in everyday life. Of these, two thirds are women mostly living in remote rural areas. Added to this, we face a global shortage of 10.3 million teachers. Clearly, action needs to be taken to address this critical issue, and mobile products and applications can play a key role.
HowNokia can help
The beauty of mobile technology is that it frees knowledge, information and education from the constraints of classrooms, libraries, and expensive urban areas. What’s more, it adds new dimensions to learning, making it a more engaging, interactive experience.
By developing mobile educational products such as Nokia Education Delivery, Nokia Life and Nokia mobile mathematics, Nokia is enabling millions of people to access a world that was previously closed to them.
Our education approach is aligned to UNESCO’s Education for All goals, and we aim to use our products, services and technology to support those objectives.
Nokia Education Delivery
Nokia Education Delivery uses mobile technology to deliver quality education materials to remote, hard-to-reach areas. Using a mobile phone, teachers and trainers can access and download videos and other educational resources from a constantly updated catalogue. Already operating in hundreds of schools and having reached millions of students in the Philippines, Tanzania, Chile and Colombia, Nokia Education Delivery has been shown to improve study results and increase retention among students, especially girls.
Nokia Mobile Mathematics
In 2008, Nokia launched a pilot scheme for mobile mathematics in South Africa. Using a popular social networking channel to get kids interested, the service delivers interactive study packages to students’ mobile phones.
This videos, show to us how Nokia pilot scheme works in real life:
http://www.youtube.com/watch?v=Cj8D5wR9kUs
SURVEYINGDENGUE FEVER IN THE AMAZON
See how Nokia Data Gathering is helping in the fight against dengue fever.
This video material help, to find out how much Nokia concern about worldwide health problems:
http://www.youtube.com/watch?v=kP1v9Snz6HA
CONCLUSION
At the end of the day ,,Nokia corporation“ is still one of the greatestcompany in the world. Over fifteen decades Nokia transformed from a riverside paper mill in south-western Finland to a global telecommunications leader and number one brand in all world. Working along with biggest world telecommunications companies Nokia share her experience and create new ways to connect all world nations.
Connecting people is major goal of this company. Every day more than several millions people use Nokia products to connect and communicate, share new experience and create our world more comfortable.
LITERATURE
Internet source:
http://www.nokia.com/global/
50