CHART OF THE DAY: The Massive Drop In Nokia's...

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CHART OF THE DAY: The Massive Drop In Nokia's Profits

Jay Yarow and Kamelia Angelova | Sep. 20, 2010, 4:39 PM | 1,356 | 4

Nokia is facing a mountain of troubles, including reversing the precipitous drop in the company's net income since the start of 2007.

As you can see below, Nokia's net income reached a high of $3.8 billion in Q2 2007. In Q2 2010, it was just $278 million. 

We've added other phone companies for comparison. As you can see, Motorola had a rough go of it for a while. RIMM has been climbing.

We've added Apple, too. It's not a fair comparison since Apple sells many gadgets, but Apple is a big part of the reason Nokia is dying.

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