Nokia Q4 2017 Report: Shipped Over 4 Million Smartphones

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The Nokia Corporation financial report for Q4 and full-year 2017 has been published. Nokia company Captured 1 Percent of the Market share with net sales increased 6%, with 2% growth. According to HMD Global and Nokia Q4 2017 Report generating a revenue of $1.2 billion.

Financial report of Nokia and HMD Global

Nokia Q4 2017 Report
Nokia Q4 2017 Report

Nokia Technologies Groth has been 80% in the market. The company has sold out around 4.15 million Nokia mobiles in the last quarter. HMD Global managed all Nokia market and business strategy. 

HMD Global and Nokia making high-end smartphone and low price budget smartphone. Nokia 2 is lowest price smartphone of the company which is most selling smartphones of Nokia low range price. 

Finland technology, research and innovation company Nokia will publish its fourth-quarter and full-year 2017 report on February 1.

Nokia Q4 2017 Report
Nokia Q4 2017 Report, sales increased 6% with 2% growth

Last year January, the Android-based first Nokia 6 was released in China and this year company upgrades this same model with more powerful processor performance and user requirement.

Nokia has added more than 7 smartphones this list. Nokia 2 lowest smartphone of the company. Nokia 3 and Nokia 5 comes with budget segments devices. Last year company was launched first handset Nokia 3310 after the Microsoft deal.

Nokia Q4 2017 Report

Non-IFRS net sales in Q4 2017- EUR 6.7bn
Net sales in Q4 2017- EUR 6.7bn

Nokia Q4 2017 Report (IFRS-includes ALU and other costs like goodwill impairment charges and similar) €6.65 billion ($8.25 billion) of revenue.

Nokia Technologies has seen 79% year-on-year net sales increase.

Company net sales would have increased 6% year-on-year and increased 22% sequentially.

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