Nokia celebrates slowing decline

Q1 2017 was all about steadying the ship for Nokia and it speaks volumes about its competitive environment that a slower decline in revenues is viewed as a win.
Nokia’s non-IFRS (excluding items related to the Alcatel-Lucent acquisition) net sales for the quarter were €5.4 billion, which represented a 4% decline on the same quarter a year ago. In the previous quarter, however, sales declined annually by 13% so at this rate Nokia might just start growing again before long.The vast majo