Nokia posts better-than-expected fourth quarter results
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After a year of slumping sales, world-leading mobile phone maker Nokia reported better-than-expected fourth quarter and full-year 2004 results, prompting hopes that the company is on the road to recovery.
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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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HELSINKI  - Finland's Nokia raised its third-quarter sales and earnings outlook due to strong demand for mobile phones, reversing a recent spate of grim outlooks and sending its shares higher on Thursday.
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Nokia, the world's largest mobile phone maker, reported lower third-quarter earnings on Thursday after cutting handset prices to win back market share but said sales volumes were strong as it moves into the key year-end shopping season.
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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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The mobile phone giant says its next results will now be better than expected, thanks to a boost in handset sales.
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Sony Ericsson, the world's No.4 mobile phone maker, posted better-than-expected fourth-quarter earnings on Wednesday as it shipped more phones, and said its share of the global handset market had increased.
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Motorola Inc.  on Tuesday said quarterly earnings rose 34 percent, beating Wall Street expectations, as it regained global market share in wireless  handsets amid robust sales of a range of function-rich phones.
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Nokia, the world's leading mobile phone maker, announced soaring fourth quarter and full-year 2007 earnings Thursday boosted by strong handset sales.
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Mobile phone maker Nokia raised its third-quarter sales and earnings forecasts on Thursday on the back of strong market demand, reversing a recent spate of grim outlooks and sending its share price higher.
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Nokia, the world&#39;s largest maker of mobile phones, continued to regain lost market share in the third quarter with its global share of handset sales again rising above 30 per cent
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Nokia, the world's leading mobile phone maker, posted Thursday an 85 percent rise in third quarter net profit to 1.56 billion euros (2.22 billion dollars) even though mobile phone sales were only up by three percent.
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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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Nokia Corp. increased its global market share of mobile phone handsets for a second successive quarter, reaching 30.9 percent with sales of 51.7 million units, market researcher Gartner Inc.
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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, the world&#39;s biggest cell phone maker, reported lower third-quarter earnings on Thursday after cutting prices to claw back market share, but said sales were strong as it enters the key Christmas season.
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Verizon Communications , the  nation's biggest telephone company, on Tuesday reported  better-than-expected quarterly operating earnings on strong  growth in its wireless business.