Nokia & Sony Ericsson Q4 results

Nokia beats estimates of $11.5B with $15.1B sales in Q4. 31% increase QOQ. Strong selling in India, China and Latin America. CEO Olli_Pekka said "through the strengths of Nokia's brand, products, cost structure and efficiency, without sacrificing our operating margins or cash flow". On the other hand, Moto reported a 48% drop in profits in Q4. So is Samsung which also suffered from the price pressure in the market.

Sony Ericsson reported tripled Q4 profits due to the strong sales of Walkman & Cybershot phones.

One key point: Nokia's N. America sales dropped 39% but 60% gain in APAC.