Thursday 24 January 2008

Nokia announces Q4 2007 figures with 40% market share

Following on the heels of Samsung and Sony Ericsson, Nokia has just released its fourth quarter figures for 2007 - and says it now has a 40% share of the world's mobile phone market (up from 39% in the third quarter).

It sold 133.5 million handsets during those three months, up 27% on Q4 2006. Net profit was up 44% quarter-on-quarter to €1.835 billion (£1.37 billion).

Motorola has also released quarterly figures, but they seem to be heading in the other direction - profits have dropped and mobile device sales are down.

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