9
Nokia
(HLSE: NOK1V)
Finland
Finland's Nokia is far and away the world's biggest maker of mobile handsets, registering sales last year of nearly $44 billion and dominating almost every region except the U.S. Thanks to economies of scale, it's also the world's most profitable, with return on equity of almost 30%. Despite stiff competition from Samsung and other Asia upstarts, analysts are confident that Nokia can continue its dominance with new products for business and new handsets that are effectively handheld computers. The biggest question mark is whether new CEO Olli-Pekka Kallasvuo can fill the shoes of his legendary predecessor Jorma Ollila. Here's already showing an interest in big deals: On June 19, Nokia and Siemens announced that they will merge their telecommunications network equipment businesses in a deal valued at approximately $30 billion.
Company Info |
|
| 2005 Rank | 18 |
| Sales* ($ Millions) | 43,903.2 |
| Sales Growth (over prev. year) |
16 % |
| Profits* ($ Millions) | 4,643.2 |
| Return on Equity | 29.7 % |
| Total Return on Sales (12-mo.) | 25.2 |
| Share Price As of 5/31/06 | 21.46 |
| CURRENT MARKET INFO | HLSE: NOK1V |
| No. of Employees | |
| Industry | Communications Equipment |
| COMPANY WEB SITE > | |
*Trailing 12 months
Stock price data as of 5/31/06
DATA: Standard & Poor's Compustat
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Company Snapshot
Nokia engages in the manufacture of mobile devices and mobile network equipment, as well as in the provision of related solutions and services worldwide. The company operates in four segments: mobile phones, multimedia, enterprise solutions, and networks. The mobile phones segment provides various mobile voice and data devices. This segment offers mobile phones and devices based on GSM/EDGE, 3G/WCDMA, and CDMA cellular technologies. The multimedia segment offers mobile devices and applications with multimedia connectivity over GSM, 3G/WCDMA, WLAN, Bluetooth, and other standards. Multimedia services include Internet services, optics, music synchronization, and streaming video. The enterprise solutions segment offers various products and solutions, including enterprise-grade mobile devices, underlying security infrastructure, software, and services for businesses and institutions. The networks segment provides network infrastructure, and communications and networks service platforms, as well as professional services to operators and service providers. It focuses on the GSM family of radio technologies, such as EDGE and 3G/WCDMA networks; networks with Internet Protocol and multi access capabilities; and services. As of December 31, 2005. This segment had approximately 150 mobile network customers in 60 countries, serving 400 million subscribers with its systems. The company sells its products to operators, distributors, independent retailers, and corporate customers. It has a joint venture with China Putian to focus on research and development, as well as to manufacture and sell 3G network solutions for TD-SCDMA and WCDMA technologies. Nokia has as strategic relationship with ATI Technologies to drive the complexity out of multimedia development by promoting open standards and providing integrated hardware, software, and tools. The company was founded in 1865 and is based in Espoo, Finland.
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