Nokia Turnaround Since Handset Unit Sale Continues

HELSINKI (AP) — Nokia appears to have turned around its fortunes after the sale of its ailing cellphone unit to Microsoft, reporting a third-quarter net profit of 747 million euros ($950 million), from a loss of 91 million euros a year earlier. Suri, who joined Nokia in 1995 and took over as CEO in May after the completion of the $7.2 billion sale of the handset and services unit to Microsoft, said the quarterly result "demonstrates our strong position in a world where technology is undergoing significant change."

Topics:  helsinki ap     nokia   suri   ceo   nokia   microsoft   handset   unit   sale   million   euros   
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