Nokia 3Q Net Sales Beat Estimates

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.

What was Nokia's net sales figure for the third quarter, and how did it compare to estimates?

• €3.3 billion, exceeding estimates

• €3 billion, meeting estimates

• €3.5 billion, exceeding estimates

• €2.8 billion, below estimates

What significant change has Nokia undergone in its business focus?

• Shifted focus to handsets

• Shifted focus to consumer electronics

• Shifted focus to Telecom Networks

• Shifted focus to software development

What is the purpose of Nokia's HERE product?

• To develop new smartphone models

• To improve network infrastructure

• To provide connectivity in cars

• To enhance mobile phone connectivity

What was Nokia's adjusted operating margin for the third quarter?

• 12.5%

• 14.5%

• 13.5%

• 10.5%

What percentage of Nokia's sales does the networks division account for?

• 100%

• 90%

• 80%

• 70%