
Although Nokia made a profit of $166 Million this past quarter, they still suffered from a tremendous profit drop. Last year they raked in 1.6 billion the first quarter, meaning they had a 90% profit drop. We have to give it to them. While other companies have been picking up the pieces and try to hold on during this recession, Nokia is still making profits. Though their profits now may not be substantial like it was before, people should be ecstatic that they are not going bankrupt. Keep doing your thing Nokia!
