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Vincent Padois, head tutor at the Pierre and Marie Curie University who teaches robotics and is babysitting the Paris ICub, makes a demonstration with ICub robot, a ?hybrid embodied cognitive system for a humanoid robot" about 1 metre (3.2 feet) high, at the Pierre and Marie Curie University in Paris September 4, 2009. Six versions of ICub exist in laboratories across Europe, where scientists are painstakingly tweaking its electronic brain to make it capable of learning, just like a human child and hoping it will learn how to adapt its behaviour to changing circumstances, offering new insights into the development of human consciousness. REUTERS/Philippe Wojazer

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    Nokia to focus on profit, cash: CFO to Bloomberg TV

    FRANKFURT
    Thu Oct 16, 2008 7:45am EDT
    The corporate logo hangs on a wall at Nokia world headquarters in Helsinki July 9, 2008. Picture taken July 9, 2008. REUTERS/Bob Strong

    FRANKFURT (Reuters) - Nokia will continue to concentrate on profits and cash flow rather than trying to drive market share higher for its own sake, the company's chief financial officer told Bloomberg Television on Thursday.

    Technology

    "We don't manage for volume or market share for the sake of market share. We manage for market share that's sustainably profitable," Rick Simonson said.

    "We'll continue to make sure that we focus for maximizing the total profits, the total cash flow."

    The world's biggest cellphone maker earlier reported third-quarter earnings per share of 0.29 euros, down from 0.40 euros a year ago and missing the average forecast of 0.31 euros in a Reuters poll of 37 analysts.

    (Reporting by Georgina Prodhan)
    Technology


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