Nokia’s Q2 revenue fell 18% compared to 2023, with operating profit diving by 32%. Despite an initial sell-off, its share price has now essentially recovered to the pre-announcement level – on the back of accelerating its €600 million share buyback program, which Nokia now plans to complete in 2024, and not the end of 2025 like it originally planned. In both 2023 and 2024, Q2 is substantially slower than Q1. In the previous quarter, Nokia reported revenues of €8.91 billion, with Q1 2023 standing at €11.01 billion. Nokia has improved its gross margin in 2024, compared to 2023 – currently sitting at 43.3%. Nokia has stated that it expects the second half of 2024 to be better. It pointed to…