Some Sunshine For Nokia (NOK)

Posted: July 16, 2009 at 5:29 am

nokNokia (NOK) posted poor earnings, but handset sales rose to 103 units, up 11% from the immediately previous quarter.

Revenue dropped 25% to 9,9 billion euros. Net income was down 73% to 287 million euros.

The company still expects global handset sales to drop 10% this year, but at least Nokia’s quarter-over-previous quarter numbers were not down.

Douglas A. McIntyre

Read more: Earnings, Wireless,