Financially, Nokia is in bad shape. It lost a billion dollars last quarter, which is only good news when you look at the quarter before that, which shows a $1.7 billion loss. Despite all this, Christof Hellmis, VP Location Platform at Nokia, doesn't seem to be the least bit concerned. In fact, he's rather chipper as he sits down with us at this year's Mondial de l'Automobile in Paris. Perhaps that's because his division, Location & Commerce, is doing quite well indeed. Containing the remains of Navteq, L&C pulled down nearly €100 million profits in each of the past two quarters.
Engadget , For Nokia, helping the competition find its way is good business, For Nokia, helping the competition find its way is good business
No comments:
Post a Comment