Nokia dropped from Euro Stoxx 50 for the second time

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Nokia are slowly gaining momentum with a lineup of solid Lumia and Asha devices, but they have reached an unpleasant obstacle. Once the world’s largest mobile maker, the finnish form has once again dropped from the Euro Stoxx 50 index of the 50 top-business across the EU. Nokia used to be in 34 position, but come March 18, they will be replaced by french aerospace company EADS.

This has happened to them before – in September 2011. So if Lumia and Asha keep selling well, Nokia will return to a respectable state sooner or later. In Q4 2012 Nokia hit operating profit of $584 million with $10.7 billion net sales.