Nokia: We have achieved 40% market share

Nokia reported a strong fourth quarter as it reached 40 percent market share and increased net profits by 44 percent to $2.6 billion. The handset maker's net sales grew 34 percent during the fourth quarter. Nokia sold 133 million handsets during the period, which was up 27 percent from 2006's fourth quarter. The strong showing is a contrast to Motorola's weak fourth quarter, which saw a 84 percent drop in net profits for the company.

For more on Nokia's big Q4:
- read this press release

It's not all rosy. Read about Nokia's problems in Germany. Article

Suggested Articles

The California Public Utilities Commission (CPUC) told T-Mobile and Sprint that they can't begin the merger of California operations just yet.

That’s a push back from the mid-April reopen target Apple appeared hopeful for just last week.

MTN Consulting says the industry consensus is that 5G will double to triple energy consumption for mobile operators, once networks scale.