Nokia 3Q Net Sales Beat Estimates
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Nokia's third-quarter net sales exceeded expectations, reaching €3.3 billion, with a net income of €747 million, marking its first profit since 2012. The company is shifting focus from handsets to telecom networks, with the CEO indicating positive progress. Nokia's HERE product, which enhances car connectivity, was highlighted at the Paris Motor Show. The adjusted operating margin for the third quarter was 13.5%, with expectations for the networks division to exceed 11% for the year, signaling improvement.
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OPEN ENDED QUESTION
3 mins • 1 pt
What product is Nokia developing that relates to connectivity in cars?
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What is the adjusted operating margin for Nokia's networks division for the year?
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