Nokia posted a strong Q3: net sales came in at $18.386 billion, which is an increase of 28 percent year over year. Nokia also shipped 111.7 million units of devices, which is up 11 percent since last quarter and 26 percent year over year. Also, the handset maker's marketshare increased by 1 percent, to 39 percent. Much like other handset makers, the increasing volume of phones shipped helped to offset declining ASPs. Nokia's ASP came in at $117.

For more on Nokia's quarter:
- read this press release (pdf)