As you know very well, Nokia no longer makes a phone-which will be a cruel, mind-blowing reality for the traveler of the year 2000. But the company does not make as much profit-at least, as before. Nokia had to reduce its up to $ 300 million to its entire year’s 2025 profit forecast.
Where does the money come from?
In straight terms, Nokia tech develops that strengthens the Internet and mobile networks. In 2025, it focuses on helping phone carriers, large cloud companies, and 5G, fiber, and data center infrastructure business. Nokia also works with factories, airports and other industries to bring a private wireless network. The company recently purchased a firm called Infenira, to promote fiber and optical networking business, especially in North America. The company also earns money by giving his patent license to phone makers and other tech companies. It has thousands of patents for things like 5G and Wi -Fi.
What is the prediction of 2025?
Here is the weak US dollar and (or) rising pressure from (or) commercial prices? Certainly, according to the new CEO Justin Hotard, who said the fall of the dollar has hurt both daily operations and the price of Nokia investment funds.
Our profits were affected by currency fluctuations, especially the weak US dollar, which was both operational head winds and headwinds in our Venture Fund.
– Justin Hotard, CEO of Nokia, July 2025
The announcement comes during the release of its Q2 income, where the company has said that it now expects the operating profit to be between $ 1.9 billion to $ 2.5 billion – which is previously down from $ 2.2 billion to $ 2.8 billion.
The increase in pressure is the taxes associated with US trade policies. Although new prices of the Trump administration are not expected to be implemented by August 1, Nokia is already feeling the impact. Hotcard noted that the risk of additional revenue has also been enough to disrupt business.
Therefore, the Q2 results diminished. Nokia reported only 267 million profits from the ongoing works and only Million 94 million net revenue – the two significantly less than the same quarter last year ($ 435 million). After income news, Nokia’s stock fell by about 4 %, which is not a small number.
It may be that Nokia start making smartphones again.
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