Bukid Apo: Nokia announces Q1 2011 net sales of EUR 10.4 billion

Monday, May 2, 2011

Nokia announces Q1 2011 net sales of EUR 10.4 billion

Nokia announces Q1 2011 net sales of EUR 10.4 billion

Nokia reports its first quarter 2011 net sales of EUR 10.4 billion, which showed a 9% increase compared with EUR 9.5 billion in first quarter of 2010.

Devices & Services
Devices & Services recorded net sales of EUR 7.1 billion, up by 6% year-on-year resulting primarily from higher average selling price (ASPs).

Services net sales contributed to the total Devices & Services net sales with EUR 211 million in the first quarter 2011 compared with EUR 148 million in the first quarter 2010 and EUR 201 million in the fourth quarter 2010.

NAVTEQ
NAVTEQ reported net sales of EUR 232 million. The 23 % increase year-on-year is primarily driven by improved sales of map licenses to mobile device customers as well as improved vehicle sales and higher navigation uptake rates in the automotive industry offset to some extent by lower personal navigation devices (PNDs) sales.

Nokia Siemens Networks
Net Sales of Siemens Networks increased by 17% to EUR 3.2 billion, year-on-year reflected by the growth in both the product and services businesses in most regions. Nokia Siemens Networks also reported gross profit increased by 8% to EUR 847 million compared with EUR 782 million in the first quarter 2010.

Operating Highlights
The first quarter of 2011 includes many significant operations and milestones for the company. Nokia announced a new strategy, including changes to its leadership and operational structure designed to accelerate the speed of execution in an intensely competitive mobile products market.

Stephen Elop, Nokia CEO said, "In the first quarter of 2011, we shifted from defining our strategy to executing our strategy. On this front, I am pleased to report that we signed our definitive agreement with Microsoft and already our product design and engineering work is well under way. We are fully focused on delivering the needed accountability, speed and results to positively drive our future financial performance."

The main elements of the new strategy were: the broad strategic partnership with Microsoft to build a new global ecosystem for smartphones; bringing affordable mobile products that enable efficient web browsing and access to other apps and innovations; and making MeeGo an open-source mobile operating system project.

The Nokia Leadership Team replaced the Group Executive Board. And the new operational structure features two distinct business units in Devices & Services business: Smart Devices and Mobile Phones, focusing on Nokia's key business areas: smartphones and mass-market mobile phones.

Nokia also announced several new mobile phones: Nokia X1-00, an affordable Series 30-based, music-centric mobile phone and the Nokia E6 and Nokia X7, two new smartphones aimed at business people and entertainment enthusiasts respectively. They are the first Nokia smartphones shipping with Symbian Anna, the latest version of the Symbian software featuring new icons and usability enhancements. Shipments of the Nokia E7, a business smartphone featuring the Nokia ClearBlack technology also started.

Nokia continued to develop its Ovi services. During the first quarter 2011, downloads of applications and content on Ovi Store reached up to 5 million a day. Increased demand for apps from the approximate 200-million-strong Symbian consumer base has seen the Ovi Store catalog grow to more than 40,000 apps, with about 1,000 added per week.

Nokia Outlook
Following a solid first quarter, Nokia expects Devices & Services net sales to be between EUR 6.1 billion and EUR 6.6 billion, and its non-IFRS operating margin in Devices & Services to be between 6% and 9% in the second quarter 2011. Nokia Siemens Networks’ net sales target is between EUR 3.2 billion and EUR 3.5 billion.

About Nokia
At Nokia, we are committed to connecting people. We combine advanced technology with personalized services that enable people to stay close to what matters to them. Every day, more than 1.3 billion people connect to one another with a Nokia device – from mobile phones to advanced smartphones and high-performance mobile computers. Today, Nokia is integrating its devices with innovative services through Ovi (www.ovi.com), including music, maps, apps, email and more. Nokia's NAVTEQ is a leader in comprehensive digital mapping and navigation services, while Nokia Siemens Networks provides equipment, services and solutions for communications networks globally.

Media Enquiries:
Nokia
Nikka Abes
Corporate Communications Manager
Tel. + 63917 8590783
Email: nikka.abes@nokia.com
www.nokia.com.ph

Fuentes Manila
Tina Cabanayan
Tel. 893-9355 / 892-6184 / + 63917 7934362
Email: tinacabanayan@fuentesmanila.com

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From The Times November 28, 2009 Philippines massacre: women thought they were safe. They were wrong Romy Elusfa in Ampatuan and Richard Lloyd Parry, Asia Editor He knew that powerful and ruthless people wanted him dead and that he was risking everything by standing for election — but to one practical challenge at least, Ismael Mangudadatu thought he had a solution. If he went in person to register as a candidate he would be inviting an attack by his enemies — the Ampatuan clan who have a near-monopoly on elected posts in the region. Instead, after consultation with his family and advisers, Mr Mangudadatu decided to send his wife and two sisters. The local police refused to provide an escort and the Philippines Army declined a request for protection. But how much harm could befall a group of women? For good measure, the two family lawyers who were women and Mr Mangudadatu’s aunt — who was pregnant, like one of his sisters — went along for the ride with other supporters and relatives. As a further safeguard, 27 journalists were invited. “Under our tradition, Muslim women are respected,” Mr Mangudadatu said. “They should not be harmed, just like innocent children and the elders. They will not harm us if journalists are watching.” Related Links Philippines leader 'shot massacre victims' Philippines massacre suspect arrested At 9.30am on Monday six minibuses began the drive from the town of Buluan to the provincial capital of Shariff Aguak. “This is women power in action,” Eden, Mr Mangudadatu’s sister, was heard to say. “Let’s help our men chart a better future for the province.” Within hours, she and her companions were dead. They had been bound, macheted, shot and buried in a mass grave. It is believed that some were raped. Political killings have been a part of life for centuries in the Philippines, and the southern island of Mindanao is the most violent of all. The attack, in which 57 people were killed, has raised questions about the relationship between the gangster clans such as the Ampatuan family and the highest levels of the Philippines metropolitan elite. Yesterday Andal Ampatuan Jr, the son of one of the most powerful men in Mindanao, was charged with seven counts of murder. “He was the one who gave the instructions,” Agnes Devanadera, the Justice Minister, said. “He was among those ... who killed the victims.” Until they were expelled this week, Mr Ampatuan and his father were important members of the ruling party of Gloria Macapagal Arroyo, the President. Her Government has also moved against members of its security forces suspected of being complicit in the violence. According to the national police chief, Jesus Verzosa, six senior officers, including the provincial chief and his deputy, twenty officers of the Ampatuan police station and about four hunded members of a militia loyal to the Ampatuan family are in custody. Many Filipinos remain sceptical about the prospects for improvement. “He [Ampatuan Jr] can be a sacrificial mouse to spare the leopards behind the crime,” one Maguindanao man told The Times. “The most powerful people among the Ampatuans are still in government.” Three journalists survived the attack because they stopped at their hotel when the convoy was setting out. “The lady at the front desk told us that a motorcycle-riding man armed with a pistol came to ask for the names of journalists who checked in at the hotel,” said Aquiles Zonio, of the Philippine Daily Inquirer. They tried calling colleagues, but the hold-up had already taken place. The convoy was stopped about an hour into its journey, near the town that bears the Ampatuan family name. Some victims were able to send texts reporting that they had been stopped by about a hundred armed men. Police Chief Superintendent Felicisimo Khu said: “Twenty-four corpses were all killed by a firing squad. They were buried in six layers. Every layer is covered with earth, making it more difficult for the retrieval operations. I have asked myself why one of them has no underwear.” Ms Devanadera said: “Even the private parts of the women were shot at. It was done practically to all the women. All the women had their zippers undone. The pants of some were pulled down. We have yet to determine whether they were raped.” According to Mr Khu, the gunmen intercepted two vehicles with six people who happened to be travelling on the same road at the same time, and killed them too. “Some sustained multiple gunshot wounds — as many as eight,” said Benito Molina, a forensic examiner at the scene. “To judge from the blood, some of the corpses may have been buried while still alive.” Cooking pots belonging to the killers were found at the scene and they had taken with them a mechanical digger bearing the name of the local government. Its engine was still running when soldiers arrived. The brutality appears to have backfired on the Ampatuan clan: the intensity of public anger will ensure that no politician in Manila will court their friendship publicly in the election in May. It is little compensation for the loss of his family, but Mr Mangudadatu’s election prospects have been strengthened. “Only death can stop me from running,” he said yesterday when he filed his candidature for the regional governorship of Maguindanao, which is held by the brother of Mr Ampatuan Jr. “This symbolises our freedom. I hope this will be the start of our liberation.” The scale of the massacre may be unique, but its story — of violence, clans and corruption — is repeated across the Philippines. Father Eduardo Vasquez, a priest in Shariff Aguak, said: “If powerful and equally armed families like the Mangudadatus were killed in such a barbaric manner, how much more for the ordinary civilians who have already been traumatised by the war?” Clan power Andal Ampatuan Sr has four wives and thirty children. He has a private army of several hundred, permitted under a presidential executive order His extended family dominates the region’s politics. One son, Zaldy, is governor of the Muslim Mindanao The provincial capital Maganoy was renamed Shariff Aguak after Mr Ampatuan’s late father One of his sons and a nephew are its mayor and vice-mayor

Bukid Apo

Monday, May 2, 2011

Nokia announces Q1 2011 net sales of EUR 10.4 billion

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