Nice quarter for the company

Nokia just announced their quarterly earnings. Not bad.

What was astounding, as usual, was the scale of sales. Cameras – 200 million? Wow.

Link: Nokia Q4 2007 Net Sales of EUR 15.7 Billion, EPS of EUR 0.47 (EUR 0.47 Excluding Special Items): PRNewswire Business News – MSN Money:

In converged devices, according to Nokia estimates, the total industry volume reached approximately 122 million units in 2007, compared to an estimated 80 million units in 2006. Nokia’s own converged device volumes in 2007 grew to 60.5 million units, compared to 39.0 million units in 2006. In 2007, Nokia was the world’s largest manufacturer of cameras and music enabled devices, selling approximately 200 million camera devices and approximately 146 million music enabled devices. Nokia shipped approximately 38 million Nokia Nseries devices and approximately 7 million Nokia Eseries devices during 2007.