Sales continue downward spiral at Nokia Ireland

Revenues at the Irish arm of mobile phone firm, Nokia are less than one-tenth of what they were seven years ago.

Underlining the drastic change in fortunes for the once global mobile giant, new accounts show that revenues at Nokia (Ireland) Ltd continued their downward spiral last year to €24m.

Last year’s revenues represent just 9% of the €270.8m revenues enjoyed in 2008.