Nokia sells more than 5m multimedia phones

Nokia sold more than 5 million N-series multimedia phones since last year and launched three new models to boost its presence in a growing market, a Reuters report said.

The report quoted Anssi Vanjoki, the head of Nokia's multimedia unit, as saying that the Finnish company expected the multimedia phone market to grow to 100 million units in 2006 and exceed 250 million in 2008.

According to research firm Canalys, about 50 million multimedia phones were sold in 2005, Vanjoki said.

The new N93 video camera model, which had optical zoom, and the new N73 camera phone, which had a 3-megapixel Carl Zeiss lens, were both expected to hit the shelves in July, while the new N72 music phone was expected to be available in June, the report said.

The report said the unsubsidized retail prices would range between 320 euros for the N72 to 550 euros for the most expensive, the N93.

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