Cheap phones lift Nokia's profits
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Robust demand for cheaper phones  boosted third-quarter earnings at Nokia Oyj, the world's  biggest maker of cell phones, with the better than expected  profits sending its shares higher.
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Nokia has reached a deal with Good Technology to beef up its business-class cell phone lineup. The handset maker on Tuesday said it is working with the Research In Motion rival to ensure Good&#39;s wireless corporate
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Nokia , the world's largest  mobile phone maker, unveiled three new mobile handsets on  Monday intended to boost its offering of mid-range phones and  help lift its global market share.
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Business did not turn out in rosy hues for Nokia Corp in the third quarter as the telecom giant reported a 20-percent drop in operating profit and a small 1-percent increase in net sales.
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Nokia third quarter profits surged outstripping analyst expectations, boosting the company's share of the global phone market to almost 40 per cent.
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Nokia said on Thursday that its third-quarter profit was higher than many analysts had forecast, but still a fifth lower than a year ago.
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Nokia announces some key deals to position itself in the future market for smart phones and music players.
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MOBILE phone giant Nokia has reported a drop in third-quarter profits after cutting handset prices to win back market share, but said sales had picked up.
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Despite falling prices, Nokia squeezes out profits on sales of 106 million handsets in the fourth quarter of 2006.
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Nokia Corp. announced deals worth more than 2 billion euros ($2.5 billion) with Chinese customers on Tuesday, sending the company's shares up 3 percent.
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Nokia was a leading gainer Wednesday as European stock markets clawed back some of the steep losses from the previous session.
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Flogging cheap mobiles is easy Nokia's swallowed an estimated 39 per cent of the global mobile phone market in its third quarter, sending profits rocketing 85 per cent.â¦
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U.S. stocks were little changed on  Thursday after cell phone maker Nokia Corp. NOK.N raised its  earnings forecast and weekly jobless claims fell more than Wall  Street's forecast.
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Nokia raised its earnings and revenue forecasts for the current quarter because of growing mobile phone sales, the first glimmer of good news in months for the besieged world leader in mobile phones.
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Despite a dip in profits, growing revenues from wireless subscribers pushed overall profits above forecasts.
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Robust demand for new cheaper phones boosted third-quarter earnings at Nokia Oyj, the world's biggest maker of mobile phones, with the better than expected result sending its shares sharply higher.
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Investors will be looking to see if the world&#39;s top mobile phone maker Nokia can sustain momentum at its recovering handset unit into the key Christmas season when it reports earnings next week.