Here is the Q4 summary for Multimedia and Enterprise from the Nokia report:
Multimedia
Fourth quarter 2007 net sales increased 42% to EUR 3.0 billion, compared with EUR 2.1 billion in the fourth quarter 2006. Multimedia net sales were up in all regions, with year on year growth strongest in North America and Latin America. However, Latin America and North America net sales continued to be relatively small. Multimedia year on year net sales growth was driven by increased volumes of Nokia Nseries multimedia computers, especially the Nokia N95, Nokia N95 8GB and Nokia N73. Multimedia fourth quarter operating profit grew 106% to EUR 670 million, compared with EUR 326 million in the fourth quarter 2006, with an operating margin of 22.1% (15.3%). Operating profit growth in the fourth quarter 2007 compared to the fourth quarter 2006 was driven by strong net sales growth, increased gross margins from a solid product portfolio and improved operating expense control.
Enterprise Solutions
Fourth quarter 2007 net sales increased 120% to EUR 670 million, compared with EUR 305 million in the fourth quarter 2006. Net sales were up significantly year on year in all regions except China and North America, where net sales declined. Net sales were driven primarily by strong volume growth in Enterprise Solutions device business, especially from the Nokia E65, Nokia E90 and Nokia E51, compared to the fourth quarter 2006. In the fourth quarter 2007, Enterprise Solutions operating profit was EUR 118 million, compared with an operating loss of EUR 64 million in the fourth quarter 2006, with an operating margin of 17.6% (-21.0%). The significantly improved operating performance for the fourth quarter 2007 reflected strong net sales growth, especially in devices, and significantly improved operating expense control compared to the fourth quarter 2006.
These results mean we now also have access to the complete numbers for 2007. 2007 converged devices shipments were 60.5 million (up from 39 million in 2006). 38 million Nseries devices were sold along with 7 million Eseries devices. Converged devices made up 13.5% of Nokia's total shipments (437 million). Nokia estimates the total converged device market as being 122 million in 2007.
Here is the 2007 summary for Multimedia and Enterprise from the Nokia report:
Multimedia
In the Multimedia business group, the net sales in 2007 increased 34% to EUR 10.5 billion, compared to EUR 7.9 billion in 2006. At constant currency, Multimedia net sales would have increased 39% in 2007. Net sales were driven by a robust converged device market supporting sales of Nokia Nseries multimedia computers during the year, led by the Nokia N70, Nokia N73 and Nokia N95. Net sales increased in all regions and were strongest in Latin America and North America, followed by China, Europe, Asia-Pacific and Middle East & Africa.
Multimedia’s operating profit in 2007 increased 69% to EUR 2.2 billion (including negative special items of EUR 3 million), compared to EUR 1.3 billion in 2006. The business group’s operating margin was 21.2% (16.7%). The increase in operating profit primarily reflected the increase in net sales, driven by sales of Nseries devices. Multimedia operating expenditure was up 14.3% and was down 3.2 percentage points as a percent of net sales in 2007.
Enterprise Solutions
In the Enterprise Solutions business group, net sales in 2007 increased 101% to EUR 2.1 billion, compared to EUR 1.0 billion in 2006. At constant currency, Enterprise Solutions net sales would have increased 106% in 2007. Net sales were driven primarily by very strong volume growth in Enterprise Solutions device business, especially from the Nokia E65, compared to 2006. Net sales growth was highest in Asia-Pacific, Latin America, Europe and Middle East & Africa. Net sales declined in China and North America.
Enterprise Solutions’ operating profit in 2007 increased to EUR 267 million (including negative special items of EUR 17 million), compared to an operating loss of EUR 258 million in 2006 (including negative special items of EUR 8 million). The business group’s operating margin was 12.9% (-25.0%). In 2007, the increased operating profit was driven primarily by higher net sales and effective operating expense control. Enterprise Solutions operating expenditure was down 4.0% and was down 35.8 percentage points as a percent of net sales in 2007.
You can read the full details of Nokia's Q4 and 2007 results here.