Best ever revenues for Apple, but Nokia profits plummet

While Apple continues to bask in financial glory thanks in no small part to the iPhone, although the iPad hasn't exactly done it much harm, the same smartphone success does not appear to have rubbed off on the Finnish mobile phone giant Nokia. As Apple gloated about having the most successful quarter in the history of Apple in terms of revenue, up by 61 percent from last year to $15.7 billion, so Nokia could only weep as profits fell by 40 percent despite a slight growth in revenue between April and June from $12.78 billion (€9.91 billion) to $12.89 billion (€10 billion).