Nokia Corporation (NYSE:NOK), the largest mobile phone manufacturer in the world, declared fourth quarter 2011 financial results, beating both the top and bottom-line expectations.
Fourth Quarter Highlights
Quarterly net revenue was approximately $13,496.7 million, down 21% year over year but was above the Zacks Consensus Estimate of $13,407 million. Quarterly net loss was approximately $1286.9 million or a loss of 39 cents per share compared with net income of $1,192.5 million or 27 cents per … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards