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Nokia Q1 2017 Results include Brand-licensing income. EUR 5.4bn sales, 40.8% gross margin. Details inside

Nokia has made it Q1 2017 Earnings report public. Highlights are very strong margin of 39.5% in Networks business, overall gross margin of 40.8% and inclusion of Brand-licensing income for the very first time. If you remember, HMD has started selling Nokia 6 in China already and Nokia gets royalty