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Nokia Corp.

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According to the newest Gartner’s report, manufacturers have seen mobile phone sales slump for the first time since 2009. Despite weak overall mobile phone sales in 2012, Apple Inc. and Samsung Electronics Co. are still the lead and no company would threaten their positions.

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Nokia Corp. reported its smartphone numbers for the fourth quarter of 2012, stating that the results were beyond the company’s wildest dreams. The better-than-expected results were partly driven by the Nokia Corp.’s partnership with Microsoft Corp. The smartphone business is expected to get Nokia Corp. back on track, according to preliminary Q4 financial results announced by the Finnish company.

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Nokia Corp. informed on the 4th of December that it signed an agreement to sell and lease back its headquarters located in Espoo, Finland. The Nokia Corp.’s decision to sell the headquarters comes as the Finish mobile maker is struggling due to tough economic conditions and strong competition in the market. Exilion Capital Oy, the Finland-based software consultancy firm, acquired the Nokia Corp.’s headquarters for approximately €170 million, or $222 million. The transaction is to be completed by the end of 2012.

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