Nokia Raises Outlook on Global Phone Sales
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By MATTI HUUHTANEN    HELSINKI, Finland  -- Nokia said Thursday its third-quarter revenue and profits would be better than expected, citing an increase in mobile phone sales. The news pushed its shares up nearly 6.5 percent in trading...
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Nokia Corp., the world's No. 1 mobile phone maker, on Thursday said that fourth-quarter net profit surged 44 percent to $2.6 billion and that it had reached its long-term goal of 40 percent market share in handset sales. The company's stock soared.Finland-based Nokia said that net sales in October through December grew 34 percent to 15.7 billion euros ($22.9 billion), and that it sold more than 133 million handsets _ up 27 percent from the same period in 2006.'Nokia's excellent fourth quarter contributed to a year of high growth and increased profitability for the company,' Chief Executive Olli-Pekka Kallasvuo said. Read more
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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  lift its global market share further from 36 percent.
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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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Nokia, the world's largest cell  phone maker, sees content for the wireless Internet as key to  snapping up more cell phone users, including in emerging  markets, the head of its key unit said on Tuesday.
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Plus: Alltel profit, revenue rise...SanDisk earnings top estimates...SAP revenues solid, outlook moderate...Phone sales boost Nokia profits past forecasts.
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PARIS Global cellphone sales rose to record levels in the second quarter as Nokia clawed back some of its lost market share, according to figures released Thursday.
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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 sales were up 26 percent in the third quarter, with Nokia (NYSE: NOK) solidifying its position as the leading manufacturer, while Samsung leapfrogged past Motorola (NYSE: MOT) for second in the global rankings.
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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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Nokia Corp., the world's largest mobile phone maker, plans to bring 40 new handsets to the market next year as it seeks to expand its already dominant market share amid increased competition from rivals Motorola Inc., Samsung Electronics Co. and Sony Ericsson.
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U.S. stock futures gained ground  Monday morning, pointing to a higher market open, with  technology stocks looking stronger after Nokia's NOK1V.HE  chief executive voiced confidence in the mobile phone market.
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Robust demand for 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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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 lift its global market share further from 36 percent.
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Shares of Nokia (NOK1V.HE) are likely  to extend gains as the world&#39;s leading cell phone maker expands  its share of the growing global market, financial newspaper  Barron&#39;s reported in its September 17 edition.
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Nokia said Thursday its third-quarter revenue and profits would be better than expected, citing an increase in mobile phone sales. The news pushed its shares up nearly 6.5 percent in trading.
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NOKIA&#39;S SALES SLIDE has been halted according to figures released by the Gartner Group. The analysts predict Nokia&#39;s share of the global market crept back to almost 30 per cent.