Nokia: Show Me the Money!

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2Q 2014 | IN-1019204


Hidden Jewels in Nokia’s Global Services


Poring over financial reports is always tedious but occasionally yields unexpected insight into a firm’s operations. Looking through Nokia's most recent nine quarters of financial reporting yields an interesting insight that data visualization teases out. Just looking at the numbers suggests a declining portfolio, while a mindful look reveals fundamental changes in its business operations. Telecom services do not get a lot of analyst attention, but it is an important market and can be half of the infrastructure vendor’s revenue. The evidence hidden in the numbers and revealed by the data visualization below suggests Nokia’s networks business follow-through to transform its services business with competitiveness and profitability as a key strategy.

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