Nokia Says Handset Market to Slow, Share to Rise
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Nokia (NOK1V.HE: Quote, Profile, Research) , the world&#39;s largest mobile phone maker, expects slowing mobile phone growth in 2005 but plans to launch
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Japanese-Swedish mobile phone maker Sony Ericsson said on Tuesday it expects slower growth in the global handset market next year.
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The world's biggest mobile handset  maker, Nokia , repeated on Monday it expects the  cellphone market to grow overall by up to 10 percent in 2007.
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Nokia, the world's biggest mobile phone manufacturer, has posted stronger-than-expected earnings with a 43-percent jump in net profits and 22-percent rise in sales, but saw its market share dip slightly.
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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. said Wednesday.
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Market share of the world's top cell  phone maker Nokia Oyj  is rising, industry analysts  said, after its closest rival Motorola Inc  warned  investors of a second-quarter loss and lower sales.
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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.
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The world's top handset maker Nokia  will reveal strong fourth-quarter earnings fueled by bumper  Christmas demand, but sales will have been curbed by the rise  of the euro versus the dollar, analysts said.
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NEW YORK/HELSINKI  - Nokia NOK1V.HE, the world's  largest mobile phone maker, expects slowing mobile phone growth  in 2005 but plans to launch more phones next year and regain  lost market share, the company said on Thursday.
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Nokia Corp. hopes to distinguish its products and regain lost market share by leading the mobile-device market in delivering cutting-edge bells-and-whistles on its new handsets, company executives
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Nokia made less money per mobile phone in the third quarter, but profits increased because it sold a lot more phones, the company says.
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But Nokia still ruled in Q3, says researcher
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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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Consumers will still have to wait a few years before they can swap the batteries of their cell phones for more environment-friendly fuel cells, the world's top handset maker Nokia said on Tuesday.
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(InfoWorld) - As IT investors brace for a wave of financial reports next week, mobile device makers are attracting attention as Asia becomes an increasingly important battleground for handset sales. For example, Motorola preannounced part of its quarterly report, due July 19, on Wednesday, saying thatÂ second quarter sales would be $8.6 billion to $8.7 billion, instead of $9.4 billion as previously forecast. The company expects a drop in handset sales in Asia, where vendors are vying to get the lion's share of the market in growing national economies, as North American and Europe become saturated with mobile phones. Despite the revised forecast, Motorola enjoyed a spike in the price of its shares caused by rumors that CEO Ed Zander might resign. Motorola shares jumped Wednesday by $0.33 Wednesday to close at $17.95, and rose again Thursday to close at $18.08. Zander attracted criticism from heavyweight investor Carl Icahn earlier this year and now has come under attack from well-known activist shareholder Eric Jackson. Zander's departure would indicate that a serious restructuring was under way at the company, which has been outflanked on several fronts in the handsets wars by rivals like Apple. Meanwhile, investors saw Motorola's quarterly weakness as Nokia's gain. Brokerage Oppenheimer & Co. reiterated a "buy" rating on Nokia after Motorola's announcement. Nokia shares rose $1.08 Thursday to close at $29.95. The mobile phone market has come under increasing scrutiny lately in the wake of the June 29 launch of Apple's iPhone in the U.S. Apple is now reported to be in talks with carriers to launch the device in Europe, Finland-based Nokia's home market. A report from a JP Morgan Chase analyst Tuesday thatÂ Apple will also launch a cheaper version of the iPhoneÂ in the fourth quarter drove up Apple shares. JP Morgan analyst Kevin Chang said the new model could sell for less than $300, basing his report on Apple patent filings and component supplier sources. A cheaper iPhone would put it within reach of younger customers. Apple shares rose by $1.68 Thursday to close at $134.07. Technology companies for the most part are riding high on general confidence in corporate earnings. The technology-heavy Nasdaq has hit several six-and-a-half year highs over the last 10 days. General economic conditions have helped. For example, the Dow Jones Industrial Average reached a record Thursday on positive news from retail sales data and continued mergers and acquisitions announcements. But IT vendors themselves are coming off a string of quarters that have generally been good for earnings overall. The torrid pace of M&A in IT also continues unabated: Just this week, for example, Google beefed up security offerings with itsÂ planned $625 million buy of Postini. Next week will provide key information for forecasts for the rest of the year as a string of IT bellwether reports quarterly sales and guidance for the rest of the year. Among those due to report: IBM, Google, Yahoo, Motorola, Microsoft, Intel, AMD, and SAP.
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Consumers will still have to wait a few years before they can swap the batteries of their cell phones for more environment-friendly fuelcells, the world's top handset maker Nokia said on Tuesday.
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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.