The pressure rises another notch on Olli-Pekka Kallasvuo, CEO of Nokia. The action of the world's largest mobile phone has dropped by nearly 15% Tuesday in Helsinki. Investors are tired of poor results of the Finnish telecom giant. Its net income in first quarter to 349 million euros, below expectations. Its revenues, to 9.52 billion euros, rising only 3%. Finally, its forecasts have been downgraded savings account payday loans.
The poor results follow each other. In the third quarter of 2009, the group had published its first quarterly loss since 1996. On Thursday, the CEO admitted "continue to face a very tough competition in the smartphone and market conditions very difficult for Infrastructure Network.
Caught between the Asian and Apple
