Nokia reports a 66% gain in operating profit for Q4 2014

Nokia said that 2014 was a year of reinvention for the company. Because of the sale of Nokia Devices and Services to Microsoft, the company had to change. Still, Nokia reported operating profits of $512 million for the fourth quarter of 2014. That was a 66% gain from the $309 million operating profit that Nokia reported for the fourth quarter of 2013. Revenue for the three month period rose to $4.3 billion from the $3.9 billion it reported last year.



For the whole year, revenue was flat at $14.4 billion. Operating profits dropped from $585 million for 2013 to $192 million last year. For ...