Nokia maintain Q1 earnings at 0.19 EUR, turnover forecast down to 20%

Nokia announced that it expected Q1 earnings to see a significant growth profit and maintained the forecast of earnings 0.19 EUR per share, while operating turnover growth forecast fell to 20% from previous 25% to 30%.The company announced to narrow its forecast on global mobile phones market from 450 mln to 500 mln. So far, its market share has reached 32%, higher than last year.Reckon with its performance in the first two months in 2001, the company expected Q1 earnings per share to be 0.19EUR, the same with previous expectation.

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