Nokia turns a PROFIT. Sort of

Ship may not be sinking but passengers seemingly prefer lifeboats

Nokia announced a pre-tax profit of €375m for the fourth quarter of last year today, suggesting the deep cuts of the past year, including the axing of around 20,000 employees, have allowed management to steady the ship. The profit included sales of its corporate HQ and $250m support payments from Microsoft.…

via The Register - Networks

http://go.theregister.com/feed/www.theregister.co.uk/2013/01/24/nokia_earnings_q4_2012/