Nokia reports a 66% gain in operating profit for Q4 2014

Nokia reports a 66% gain in operating profit for Q4 2014
Nokia said that 2014 was a year of reinvention for the company. Because of the sale of Nokia Devices and Services to Microsoft, the company had to change. Still, Nokia reported operating profits of $512 million for the fourth quarter of 2014. That was a 66% gain from the $309 million operating profit that Nokia reported for the fourth quarter of 2013. Revenue for the three month period rose to $4.3 billion from the $3.9 billion it reported last year.

For the whole year, revenue was flat at $14.4 billion. Operating profits dropped from $585 million for 2013 to $192 million last year. For the fourth quarter, margins were up a full percentage point year-over-year to 43.5%. For the full year, Nokia said that its profit margin rose from 42.1% to 44.3%.

HERE maps saw its net sales rise 15% year-over-year for the fourth quarter, to $330 million. HERE is now available for Android phones in the Google Play Store. Nokia Technology, the division that houses patents and IP saw year-over-year sales rise 23% in the fourth quarter as Microsoft became a licensee due to its purchase of Nokia Devices and Services.


source: Nokia

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29 Comments

1. EC112987

Posts: 1215; Member since: Nov 10, 2014

That's awesome! Windows was holding them down!

40. akki20892

Posts: 3902; Member since: Feb 04, 2013

Now Nokia is independent.......thank god. Go for android Nokia......2016 N-Series bring it back......

2. Settings

Posts: 2943; Member since: Jul 02, 2014

Will they release a clamshell type phone?

4. joey_sfb

Posts: 6794; Member since: Mar 29, 2012

I want clamshell type of phone. Their Communicator series.

5. Hashed unregistered

Thanks for WP, Nokia is rising up again from that troubled Symbian OS, Symbian was great and I bought many devices running it, but it wasn't enough to compete with the market modern OS's, that's why WP came to the rescue.Thanks Mr. Elop for choosing WP.

8. EC112987

Posts: 1215; Member since: Nov 10, 2014

Yea that's it lol

13. corporateJP

Posts: 2458; Member since: Nov 28, 2009

Go back to Redmond, you're drunk...

35. GeorgeDao123

Posts: 432; Member since: Aug 20, 2013

Symbian was great, and if Nokia had stayed focus on Symbian instead of switching to Lumia/WP, maybe - yeah, maybe - It would have been still in top 3 mobile OS'es. Special thanks Mr. Elop for dumping Nokia. Microsoft appreciates his help.

10. pureviewuser

Posts: 501; Member since: Nov 11, 2012

I completely agree with you Hashed thanks Mr Elop you did the right thing for Nokia.Well done.

26. livyatan

Posts: 867; Member since: Jun 19, 2013

Idiot, Nokia doesn't sell phones any more.

28. Hashed unregistered

You really have a filthy mouth, where were you raised? seriously.

30. livyatan

Posts: 867; Member since: Jun 19, 2013

I rarely call out an idiot and moron, but you two are definitely and sorely needing a reality check. Being Nokia fanboys, participating in online discussions about it, praising Microsoft for "saving" Nokia??!!?!!? After months and months of reading news about your dear Nokia for months, you obviously still don't have the mental capacity of a basic understanding of what they mean..and, again, showing up on comment threads and spouting out utter nonsense despite of all that.. That, my dear Hashed, makes you a colossal, unfathomable idiot by any measure.

31. Hashed unregistered

Well, the freedom of speech gives me the right to express my thoughts and ideas, and I can participate in any discussion the way I see fit. If you call anyone that doesn't agree with my ideas an idiot or a moron, that makes you a bully, and worse, you're a keyboard/internet bully. I wonder if you have the courage to call people bad names in a face to face situation. Anyways, you have wasted my time, I thought you would have the brains essential for human contact,, sorry I was mistaken.

36. livyatan

Posts: 867; Member since: Jun 19, 2013

Freedom of speech doesn't validate staggeringly stupid statements. How on earth, being a Nokia fan that reads and argues about the smartphone industry online, weren't you able to fathom that Nokia sold their phone business to Microsoft?!? After all these months?!? I have the brains, that's the problem when dealing with this kind of stuff. Reading comments like yours feels like brain damage to me.

12. pureviewuser

Posts: 501; Member since: Nov 11, 2012

If nokia hadn't gone the way it did it would have been ruined so The Microsoft option was what saved them

14. corporateJP

Posts: 2458; Member since: Nov 28, 2009

Yeah...thanks, Microsoft... because of you, I can still buy an awesome Nokia handset...oh...wait..

15. ANANDALTER

Posts: 124; Member since: Feb 07, 2013

SAME FEELING BRO :-(

41. elitewolverine

Posts: 5192; Member since: Oct 28, 2013

What company was in the line waiting to purchase Nokia? For that matter what company was in line to purchase their Symbian OS or their Meego OS? None. Samsung went with android. Nokia could have fired Elop in a second, they didn't, they went with windows and the rest is history.

19. itsdeepak4u2000

Posts: 3718; Member since: Nov 03, 2012

Finally some good news for Nokia and their fans.

20. greenelektron

Posts: 537; Member since: Sep 10, 2014

Now sell your N1, take my money!

24. Spedez

Posts: 542; Member since: Aug 29, 2014

Now lets see if that Indian boss has the balls to get Nokia back to phone business.

27. sergiobr

Posts: 718; Member since: Feb 25, 2013

Go Nokia ! We┬┤re waiting great camera improve in Android.

29. sonisoe

Posts: 440; Member since: May 06, 2009

hopefully nokia will make serious android handsets, unike last year's x1 or something like that... and when they do, i dont think the prowess of htc in making stunning flagships, the marketing craze of samsung, sony's excellence in delivering quality hardware, or even LG's rise can stop nokia from dominating the world of android if not smartphone in general... i really do think that the only missing piece in nokia's resurgence is "android"... people (not just tech enthusiasts like us) are sitll aware of nokia brand/even nokia's windows handsets, know nokia builds quality hardware, know nokia create beautiful designs, and know nokia has the marketing chop albeit today with limited budget...

32. pureviewuser

Posts: 501; Member since: Nov 11, 2012

Buy an awesome nokia? cmon nokia apart from imaging were light years behind the rest I had an n8 and an 808 I thought the world of them until I saw the competition and the burning platform statement is true however hard it was to swallow and I Am all for nokia but thanks to Microsoft Nokia was saved whether haters like it or not believe me I would have loved for Nokia to succeed but that just wasn't possible with their strategy.

37. hemedans

Posts: 755; Member since: Jun 01, 2013

nokia strategy -meego-highend -symbian-low/mid end -meltemi-very affordable if you think symbian was future of nokia then you are wrong, for those like me who used meego were very satisfied with it. if nokia could continue with meego/android/symbian/meltemi they will be in good position now. about nokia to be behind in term of technology i disagree and these are some of technology which nokia did it first before others. 1.pureview tech-camera 2.puremotion-60hz refresh rate of screen 3.super sensitive display 4.haac mic-as 808 owner you know it 5.clear black display 6.sensorcore-replace sensor-power efficient 7.brightest screen 1000nits- as 808 owner you know it 8.qi wireless charging 9.polycarbonate- n9 was first 2011 10. assertive display those are few i can remember, if you think nokia was behind you are wrong, in hardware nokia is future thats why todays android flagship they have many features implemented by nokia way back. and dont forget nokia has 40 essential patents which every smartphone use them whether direct or indirect

33. pureviewuser

Posts: 501; Member since: Nov 11, 2012

And only an IDIOT would believe Nokia would've survived the way it was going.

34. pureviewuser

Posts: 501; Member since: Nov 11, 2012

And it's not directed at anybody just my opinion

39. corporateJP

Posts: 2458; Member since: Nov 28, 2009

The bus to Redmond is to the left...don't miss it...

42. elitewolverine

Posts: 5192; Member since: Oct 28, 2013

the bus to reality is straight...don't miss it...

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