Nokia is a leading manufacturer of mobile devices and services, and it competes to some extent with both Research In Motion and Apple. Key financial figures for Nokia follow.
|
Key Figure* |
Euro (EUR) in Millions |
|
Average assets |
37,660 |
|
Net income |
260 |
|
Revenue |
40,984 |
|
Return on assets |
0.7% |
Required
1. Identify any concerns you have in comparing Nokia’s income and revenue figures to those of Research In Motion and Apple for purposes of making business decisions.
2. Identify any concerns you have in comparing Nokia’s return on assets ratio to those of Research In Motion and Apple for purposes of making business decisions.