Nokia's surprising increase in handset prices

Analysts and investors are jumping up and down at the news that Nokia's average selling price for handsets actually went up instead of continuing its downward spiral in the last three quarters of 2005. Nokia said the average selling price for its mobile handsets in the first quarter was around $125, up from $120 in the previous quarter. Analysts have been pretty worried about Nokia's margin hits stemming from the continuing downward spiral of the vendor's ASP of handsets. Increasing competition and the move to target emerging markets is to blame. Is this the beginning of a trend for Nokia?

To read more about Nokia's ASP increase:
- check out this report from RCR Wireless News