Nokia reports Q4 2008 net sales of EUR 12.7 billion (576 billion baht), Up 3% sequentially.

Byline: The Nation.

Nokia announced its business operation result for the fourth quarter of 2008. Nokia Q4 2008 net sales were EUR 12.7 billion (576 billion baht), up 3% sequentially.

Nokia estimated mobile device market share of 37% in Q4 2008." In recent weeks, the macroeconomic environment has deteriorated rapidly, with even weaker consumer confidence, unprecedented currency volatility and credit tightness continuing to impact the mobile communications industry. We are taking action to reduce overall costs and to preserve our strong capital structure. This is clearly our top priority in the current economic environment. However, it is important for Nokia …